The Molding Department of Swifty Company has the following production data: beginning work in process inventory 22000 units (70% complete as to conversion), started into production 476000 units, completed and transferred out 451000 units, and ending work in process inventory 47000 units (30% complete as to conversion). Assuming that materials are entered at the beginning of the process, equivalent units of production for materials are O 523000. O 498000. O 429000. O 451000. The Molding Department of Swifty Company has the following production data: beginning work in process inventory 22000 units (70% complete as to conversion), started into production 476000 units, completed and transferred out 451000 units, and ending work in process inventory 47000 units (30% complete as to conversion). Assuming that materials are entered at the beginning of the process, equivalent units of production for materials are O 523000. O 498000. O 429000. O 451000.