Exercise 8-18 (Algo) Compute Equivalent Units: Weighted-Average Method (LO 8-1,3) Conlon Chemicals manufactures paint thinner. Information on the work in process follows: Beginning inventory, 42,100 partially complete gallons Transferred out, 211,000 gallons. Ending inventory (materials are 19 percent complete; conversion costs are 11 percent complete). Started this month, 235,700 gallons. . Required: a. Compute the equivalent units for materials using the weighted average method. b. Compute the equivalent units for conversion costs using the weighted average method. Equivalent Units (gallons) a. Materials Conversion costs b