The income statement for travers & co. is shown below. the firm currently has 31.0 million shares of common stock outstanding. however, an analyst has looked at the firm's outstanding warrants and options to determine the likelihood of them being exercised. the analyst has determined that the firm's adjusted number of common shares after the expected dilution is 34.5 million. answer the following questions about travers & co.'s income

Brody corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. beginning inventory for january consisted of 1,050 units that were 65% completed. 10,900 units were started into the process during january. on january 31, the inventory consisted of 500 units that were 50% completed. what would be the equivalent units for direct materials cost using the weighted average method?