uivalent E3.5 (LO 3, 4), AP In Shady Company, materials are entered at the beginning of each process, and con centage of work done on conversion costs, and production data for its Sterilizing Department in selected months during 2022 are as follows. Beginning Work in Process Conversion Units Completed and Month Units Cost% Transferred Out Units January -0- 11,000 2,000 60 March -0- 12,000 3,000 30 May 14,000 7,000 80 July 10,000 1,500 40 Ending Work in Process Conversion Costs -0- -0- Instructions 2. For January and May, compute the physical units to be accounted for and the physical units accounted for b. Compute the equivalent units of production for (1) materials and (2) conversion costs for each month