End. Work in Process Inv. % Complete as to Beg. Work in Process Units Completed and Transferred Month Inv. Out Units March 3,120 43,680 12,480 Conversion Cost 75% Compute equivalent units of production for March for both materials and conversion costs using the weighted-average method of process costing. Materials are entered at the beginning of the process. Equivalent Units of Production Quantities Units to be accounted for Work in process inventory, 3/1 Started into production Total units to be accounted for Units accounted for Completed and transferred out Work in process inventory, 3/31 Total units accounted for Physical Units Materials Conversion Costs