Use the data of Pennington company's Cutting Department at the end of July that follows (This company uses process costing system) Beginning WIP - units 17,000 Amount Transferred in WIP - units 53,000 Transferred out in July -- units: 37,000 Ending WIP --% complete 40% Based on the data shown here, what was the output of conversion costs in terms of Equivalent Units of Production? . . 40,400 EUP Oa 24.800 EUP Ob 50,200 EUP Oc 38,600 EUP Od