Information about units processed and processing costs incurred during a recent month in the Refining Department of a manufacturing company follow: Number of Units Conversion costs percentage complete Beginning work in process inventory 11,000 35% Units started into production 120,000 Units completed and transferred out114,000 Ending work in process inventory 17,000 30% The beginning work-in-process inventory included $11,000 of conversion cost. During the month, the Refining Department incurred an additional $290,000 in conversion costs. Assuming that the company uses the FIFO method, what are the equivalent units of production for conversion costs for the refining Department for the month? 119,100 units. 111,950 units. 115,250 units