= Homework: Chapter 18 Prep Work Question 2, S18-4 (simila... Part 1 of 3 HW Score: 10% O Points: 0 of Holloway manufactures cell phones. The conversion costs to produce cell phones for November are added evenly throughout the process in the Assembly Department separate assumptions, calculate the equivalent units of production for conversion costs in the ending Work-in-Process Inventory for the Assembly Department 1. 16,000 cell phones were 65% complete 2. 24,000 cell phones were 36% complete First, determine the formula for calculating equivalent units of production. (Abbreviation used: WIP = Work-in-Process Inventory) Equivalent units of production Conversion costs Direct materials costs Number of units in ending WIP Percentage complete Percentage incomplete Moln