Eng. vvork in Process inv.% complete as to Beg. Work in Process Inv. Units Completed and Transferred Out Conversion Cost Month Units March 2,940 41,160 11,760 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 Physical Units Materials Conversion Costs 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