Carver, Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in process, beginning: Units in process 700 Percent complete with respect to materials 50% Percent complete with respect to conversion 40% Units started into production during the month 23,000 Work in process, ending: Units in process 200 Percent complete with respect to materials 80% Percent complete with respect to conversion 40% Required: Using the weighted-average method, what are the equivalent units of production for materials and for conversion costs?