Hollywood North Magic, a cosmetic manufacturer, began operations in January. During the first month of operations, $60,000 was incurred for direct materials and $80,000 was incurred for conversion costs. During January, 30,000 litres of cosmetics were started and 6,000 litres were unfinished at the end of the month. Ending work-in-process was 45% completed. All inputs are added evenly throughout the production process. Calculate the equivalent units for conversion costs in January using the FIFO method 30,000 litres 39,000 litres 36,000 litres 24,000 litres 26,700 litres