Wildhorse Company has gathered the following information. Units in beginning work in process 0 Units started into production 43,920 Units in ending work in process 7.320 Percent complete in ending work in process: Conversion costs 40 % Materials 100 % Costs incurred: Direct materials $ 175,680 Direct labor $ 74,420 Overhead $ 123,220 Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production