Ivanhoe Company has the following production data for selected months. Beginning Work in Process Units Transferred Out Month Ending Work in Process % Complete as to Units Conversion Cost 10.800 40% 8.640 75 January -0- March -0- 37.800 43,200 48.600 July -0- 17.280 25 Compute equivalent units of production for materials and conversion costs, assuming that materials are entered at the beginning of the process and that conversion costs are incurred uniformly throughout the process. Materials Conversion Costs January March July