Goode Company has the following production data for selected months.

Beginning

Units

Ending
Work in Process

%Complete as to

Month

Work in Process

Transferred Out

Units

Conversion Cost

January

-0-

35,000

10,000

40%

March

-0-

40,000

8,000

75

July

-0-

45,000

16,000

25

Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process.