In Shady Company materials are entered at the beginning of each process. Work in process inventories, with the percentage of work done on conversion costs, and production data for its Sterilizing Department in selected months during 2020 are as follows. Beginning Work in Process Conversion Units Cost% Month January March Ending Work in Process Conversion Units Cost% 2,200 61 3.900 38 7.220 80 2,300 42 Units Transferred Out 11.500 13,400 15.900 11.800 May 11 July Part 1 Compute the physical units for January and May, January May Units to be accounted for Beginning work in process Started into production Total units Units accounted for Transferred out Ending work in process Total units Part 2 Compute the equivalent units of production for (1) materials and (2) conversion costs for each month. Materials Conversion Costs January March May July