Exercise 3-8 The Blending Department of Luongo Company has the following cost and production data for the month of April. Costs: Work in process, April 1 Direct materials: 100% complete Conversion costs: 20% complete Cost of work in process, April 1 $119,000 83,300 $202,300 Costs incurred during production in April Direct materials Conversion costs $952,000 434,350 $1,386,350 Costs incurred in April units transferred out totaled 20,230. Ending work in process was 1,190 units that are 100% complete as to materials and 40% complete as to conversion costs Compute the equivalent units of production for (1) materials and (2) conversion costs for the month of April. Materials Conversion Costs The equivalent units of production 21,420 20,706