Longboard Company has a process costing system. All materials are introduced at the beginning of the process in Department One. The following information is available for the month of January: Work in process, July 1 (40% complete for conversion) Started Completed and transferred to Department 2 Work in process, July 31 (60% complete for conversion) Units 340 1,700 1,600 440 What are the equivalent units for the month of July if the company uses the weighted-average method? Multiple Choice Materials 2,040 and Conversion 1,728 Materials 2,040 and Conversion 1,700 Materials 1,700 and Conversion 1,728 Materials 1,700 and Conversion 1,864 Materials 2,040 and Conversion 1,864