Use the following information for the Quick Study below. (Static) [The following information applies to the questions displayed below.] A process manufacturer reports the following: Conversion Units. Beginning work in process inventory 150,000 Percent Complete. 80% Units started this period 310,000 Units completed and transferred out 340,000 Ending work in process inventory 120,000 258 QS 16-5 (Static) Weighted average: Computing equivalent units of production LO P1 Compute the total equivalent units of production for conversion. The company uses the weighted average method. Equivalent units of production: Weighted average method Total Conversion Units Percent Complete EUP