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 Beginning work in process inventory Units 296,000 Percent Complete 50% Units started this period 569,000 Units completed and transferred out Ending work in process inventory 623,800 241,200 Multiple Choice 771,800 865,000 623,800