For the current period, Alcuin Company computed 58,000 equivalent units of production for materials. WIP beginning is 61% complete as to conversion cost and 100% complete as to materials, while WIP ending is 79% complete per conversion cost and 100% complete per materials. During the period, Alcuin completed a total of 50,000 units of output. The company started and completed 36,000 units. Assume Alcuin uses FIFO method for inventory valuation. How many units remained in its ending inventory? Determine equivalent units with respect to conversion costs for beginning inventory. Equivalent Units for beginning inventory: Determine the total equivalent units with respect to conversion cost