The Miracle Company had 21,000 units in process on December 31, 2016 which was 9 % complete as to materials but only 30% complete es to conversion costs. The companys records show 4 units vere t ered t Finished oods nventory during January 2 7. On January 3, 2 6 0 0 units were on hand which were 20% complete as o conversion costs and 70 complete as to materiais. What are the equivalent units of product conversion costs in January, assuming Miracle uses first-in, first-out (FIFO)? O 39,700. 0 37000. O 42,900 37,900