Required Information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] A process manufacturer reports the following: Conversion Percent Units Complete Beginning work in process inventory Units started this period 160,000 90% 335,000 Units completed and transferred out Ending work in process inventory 365,000 130,000 30% QS 3-5 (Algo) 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. Answer is complete but not entirely correct. Equivalent units of production: Weighted average method Conversion Units Percent Complete EUP Completed and transferred out 9.500 100% 9.500 Ending work in process 3.840 30% 1,440 x Total 13,340 10.040