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, 38,900 partially complete gallons. Transferred out, 210,700 gallons. Ending inventory (materials are 18 percent complete; conversion costs are 10 percent complete). Started this month, 238,400 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