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 Month Conversion Cost% Units Transferred Out Units Ending Work in Process Conversion Units Cost% 3,100 68 3,700 33 7,930 80 2,100 44 0 11,900 January March 0 0 May July 13,100 14,900 11,600 0 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 Compute the equivalent units of production for (1) materials and (2) conversion costs for each month. Materials Conversion Costs January March May July