Production data: Pounds in process, May 1; materials 100% complete; conversion 80% complete 10,000 Pounds started into production during May 100,000 Pounds completed and transferred out ? Pounds in process, May 31; materials 60% complete; conversion 20% complete 15,000 Cost data: Work in process inventory, May 1: Materials cost $1,500 Conversion cost $7,200 Cost added during May: Materials cost $154,500 Conversion cost $90,800 -------------------------------------------------------------------------------- calculate the equivalent units of production