Laser Resources produces and sells laser components and accessories. All materials are added at the beginning of the process. It has compiled the following information regarding its physical units for the month of November: Physical Units Beginning work in process, 30% complete for conversion Units started Units transferred out Ending work in process, 45% complete for conversion 59,000 75,000 25,000 Required: 1. Using the weighted average method, reconcile the number of physical units. 2. Using the weighted average method, calculate equivalent units for materials and conversion cost. Physical Units Physical Units Units transferred out Beginning Inventory Units Started Ending Inventory Total Equivalent Units Direct Materials Conversion Physical Units Units transferred out Ending Inventory Total