Exercise 8-18 (Algo) Compute Equivalent Units: Weighted Average Method (LO 8-1, 3) Conlon Chemicals manufactures paint thinner. Information on the work in process follows: Beginning inventory, 43,100 partially complete gallons. Transferred out, 209,900 gallons. Ending inventory (materials are 19 percent complete; conversion costs are 8 percent complete). Started this month, 241,400 gallons. Required: a. Compute the equivalent units for materials using the weighted-average method. b. Compute the equivalent units for conversion costs using the weighted average method. X Answer is complete but not entirely correct. Equivalent Units (gallons) 180,974 172,768 a. Materials b. Conversion costs