Sheridan and Miller Manufacturing is trying to determine the equivalent units for conversion costs. Production records indicate that 36000 units were completed and transferred out, and 12000 units in ending work in process were 60% complete as to conversion. There was no beginning work in process inventory in the department. Conversion costs are incurred evenly throughout the entire production period. What are the equivalent units for conversion costs for the current period? O 48000. O 31200. O 7200. 60000