ue 8: Flex Company makes small sailboats. During the most recent month, the following activity was recorded in the Hull Fabrication Department for conversion costs. Work in process, beginning (80% complete).............. Units started into production..... Units transferred to the next department. Work in process, ending (30% complete)... Conversion Costs: Work in process, beginning. Conversion costs incurred during the month. Required Assuming that the company uses the weighted average method: 1. Compute the equivalent units of production 2. Compute the cost per equivalent unit D 15,000 units 180,000 units 175,000 units 20,000 units $24,000 $338,000 3. Compute the cost of units in ending work in process inventory 4. Compute the cost of the units transferred out