Jacobson Manufacturing Company makes a single product in a single process and uses weighted average process costing. All material is added at the start of the process. The following information is available for March production:

	Units
Beginning Work in Process (30% complete with respect to labor)	12,000
Plus: Units Started	120,000
Total to Account For	132,000
Less: Ending Work in Process (70% complete with respect to labor)	15,000
Units Completed	117,000

The following costs are available for March:

	Material	Conversion Cost	Total Cost
Beginning Work in Process	$7,200	$1,332	$8,532
Current Cost	70,680	47,118	117,798
Total Cost	$77,880	$48,450	$126,330

What are the equivalent units for conversion costs?

A	132,000
B	123,900
C	127,500
D	121,500