1 United Clinical Laboratories is a medical laboratory located in Minnesota. United Clinical Laboratories uses the weighted average method in its process costing system. For the month of August, the following data are available for one department: 20 points Work in process, August 1 Work in process, August 31 Units 50,000 35,000 Percent Completed Materials Conversion 85% 60% 68% 47% The department started 398,000 units into production during the month and transferred 413,000 completed units to the next department Required: Compute the equivalent units of production for August. Answer is complete but not entirely correct. Materials Conversion Equivalent units of production 389,200 X 396,550