Moreno manufactures cell phones. The conversion costs to produce cell phones for November are added evenly throughout the process in the Assembly Department. The company uses the weighted average method. For each of the following separate assumptions, calculate the equivalent units of production for conversion costs in the ending Work in Process Inventory for the Assembly Department 1. 7,000 cell phones were 55% complete 2. 20,000 cell phones were 45% complete First determine the formula for calculating equivalent units of production (Abbreviation used: WIP = Work in Process Inventory) - Equivalent units of production Assumption 1.7.000 cell phones were 55% complete The equivalent units for conversion costs Assumption 2. 20,000 cell phones were 45% complete The equivalent units for conversion s