Exercise 21-05 a-b In Vaughn Company, materials are entered at the beginning of each process. Work in process inventories, with the percentage of work done on conversion costs, and produ data for its Sterilizing Department in selected months during 2020 are as follows. Beginning Work in Process Ending Work in Process Conversion Cost% Units Units Transferred Out Month Units Conversion Cost% 69 39 0 0 January March May July 11,600 13,100 16,000 2,300 4,700 7,380 2,200 0 80 0 11,600 44 Compute the physical units for January and May. January May Units to be accounted for Beginning work in process Started into production Total units Units accounted for Transferred out Ending work in process Total units Compute the equivalent units of production for (1) materials and (2) conversion costs for each month. Materials Conversion Costs January March May July Click if you would like to Show Work for this question: Open Show Work