Laser Resources produces and sells laser components and accessories. All materials are added at the beginning of the process. It has compiled the following information regarding its physical units for the month of November:

Beginning work in process, 30% complete for conversion
Units started ...................................................................................... 46,000
Units transferred out ....................................................................... 62,000
Ending work in process, 45% complete for conversion ............... 12,000

Using the weighted-average method, reconcile the number of physical units and calculate equivalent units for materials and conversion cost.