TB MC Qu. 03-97 (Algo) The following refers to units processed... The following refers to units processed by a breakfast cereal maker in August. Compute the total equivalent units of production with respect to conversion for August using the weighted average inventory method. Conversion Percent Complete 50% Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 289,000 505,000 574,300 219,700 40% 718,800 794,000 574,300 662,180 806,680