Tip Top Painting Company has the following production data for March: Beginning work in process, 2,000 units, which are 30% complete for conversion costs Units transferred out, 44,000 Units in ending work in process, 9,000, which are 80% complete for conversion costs Materials are added only at the beginning of the process. What is the equivalent units of production during May for conversion costs if the FIFO method is used? 44,400 50,600 45,200 48,800