Laurant Corporation uses the first-in, first-ou

t method in its process costing system. Department A is the first stage of the companys production process. The following information is available for conversion costs for the month of May for Department A: Units Work in process, beginning (40% complete with respect to conversion costs) 5,900 Started in May 51,000 Completed in May and transferred to Department B 46,000 Work in process, ending (30% complete with respect to conversion costs) 10,900 The equivalent units of production for conversion costs for the month is closest to: Multiple Choice