LDR manufacturing produces a pesticide chemical and uses process costing. There are three processing departments-Mixing,, and Packaging. On January 1, 2014, the first department-Mixing-had no beginning inventory. During January, 40, 000 ft. oz. of chemicals were started in production. Of these, 32,000 ft. oz. were completed and 8,000 ft. oz. remained in process. In the Mixing Department, all direct materials are added at the beginning of the production process and conversion costs are applied evenly through the process. At the end of the month, LDR calculated equivalent units. The ending inventory in the Mixing in the Department was 60% complete with respect to conversion costs with respect to direct materials. What is the number of equivalent units in the ending inventory? 32,000 equivalent units 40, 000 equivalent units 5,000 equivalent units 4,800 equivalent units