Oasis Company adds all materials at the beginning of its manufacturing process. Production information for selected months of the year follows: Required: 1. Reconcile the number of physical units worked on during the period. Ending Beginning Work in Process Conversion Complete Units (percent) 3,000 8,400 Units Started Month February Units Transferred Out 38,000 Work in Process Conversion Complete Units (percent) 13,000 8,000 4,600 70 June 75 September December 46,600 52,800 44,000 5,800 30 50,000 42,800 2. Calculate the number of equivalent units for both materials and conversion for each month using the weighted average method. Equivalent Units Materials Conversion Month February June September December