Laurant Corporation uses the first-in, first-out 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)	6,100
Started in May	53,000
Completed in May and transferred to Department B	48,000
Work in process, ending (30% complete with respect to conversion costs)	11,100

The equivalent units of production for conversion costs for the month is closest to:

Multiple Choice

• 44,340 units

• 45,230 units

• 45,560 units

• 48,890 units