DeFond 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 400 2,000 1,900 500 What are the equivalent units for the month of July if the company uses the weighted-average method? Materials Conversion A) 2,400 2,000 B) 2,400 2,040 C) 2,400 2,200 D) 2,000 2,040 E) 2,000 2,200 Multiple Choice Option B Option C Option E Option D Option A