The Assembly Department's output during the period consists of 20,000 units completed and transferred out, and 2,000 units in ending work in process inventory that were 75% complete as to materials and conversion costs. Beginning work in process inventory was 5,000 units that were 40% complete as to materials and conversion costs. Under the First in First out (FIFO) method, what are the equivalent units of production for materials? The Assembly Department's output during the period consists of 20,000 units completed and transferred out, and 2,000 units in ending work in process inventory that were 75% complete as to materials and conversion costs. Beginning work in process inventory was 5,000 units that were 40% complete as to materials and conversion costs. Under the First in First out (FIFO) method, what are the equivalent units of production for materials? 20,000 22,000 21,500 None 19,500