The following production data were taken from the records of the Finishing Department for January 12,000 Inventory in process, January 1 (60% completed) units Completed units during January 21,000l units Ending inventory (10% complete) 5,000 units Calculate the following: (use the template below as a reference, show your work and clearly label your final answers) 1. Equivalent units for materials: 2. Equivalent units for conversion Equivalent Units UNITS Whole Units Direct Materials Conversion Units to be assigned cost: Beg. Work in process Inventory