I need help with clarification and the steps to compute equivalent units of production for materials and for conversion costs. What are the equivalent units of production? Can you explain the steps?

Waterway Company has gathered the following information.

Units in beginning work in process 21,000 Units started into production 254,000 Units in ending work in process 25,400 Percent complete in ending work in process:Conversion costs 60%Materials 100% Costs incurred:Direct materials $110,000Direct labor $501,484Overhead $187,100

Compute equivalent units of production for materials and for conversion costs.