Bisson Furniture uses a process cost system to account for its chair factory. All the materials are added at the beginning of the process. Beginning inventory consisted of 5,000 units (100% complete as to material, 55% complete as to conversion) with a cost of $124,800 materials and $104,500 conversion. 58,000 units were started into production during the month with material costs of $1,357,000 and $2,124,375 of conversion costs. The ending inventory of 6,000 chairs was 100% complete as to materials and 40% complete as to conversion. Bisson uses FIFO costing.
Required: Compute the equivalent units of production for material costs.