The following information relates to questions 10 and 11 A company manufactures Chemical X, in a single process. At the start of the month there was no work-in- progress. During the month 300 litres of raw material were input into the process at a total cost of $6,000. Conversion costs during the month amounted to $4,500. At the end of the month 250 litres of Chemical X were transferred to finished goods inventory. The remaining work-in-progress was 100% complete with respect to materials and 50% complete with respect to conversion costs. There were no losses in the process and there is no scrap value available during months when losses occur. What are the equivalent units for closing work-in-progress at the end of the month?