Production Costs 1. Completed and transferred out 11,520 units. Beginning work in process $0 2,880 units in ending working in process are 60% 2. complete as to conversion costs and 100% Direct materials 72,000 complete as to materials at July 31. Direct labor 15,552 Manufacturing overhead 17,568 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly throughout the process. (a) Determine the equivalent units of production for (1) materials and (2) conversion costs.