Exercise AUsing the average cost method, compute the equivalent units of production in each of the following cases:

1. Units started in production during the month, 72,000; units completed and transferred, 52,800; and units in process at the end of the month (100% to materials; 60% to conversion), 19,200. (There was no beginning inventory.)
2. Units in process at the beginning of the month (100% to materials; 30% to conversion), 12,000; units started during the month, 48,000; and units in process at the end of the month (100% to materials; 40% s to conversion), 24,000.