The Cutting Department of Ivanhoe Company has the following production and cost data for July. Production Costs 1. Completed and transferred out 10,320 units. Beginning work in process $0 2. 2,580 units in ending working in process are 60% Direct materials 51,600 complete as to conversion costs and 100% complete as to materials at July 31. Direct labor 13,932 Manufacturing overhead 15,738 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.