Springline 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: Units Work in process, July 1 (40% complete for conversion) 400 Started 2,000 Completed and transferred to Department 2 1,900 Work in process, July 31 (60% complete for conversion) 500 What are the equivalent units for the month of July if the company uses the weighted-average method? Multiple Choice Materials 2,000 and Conversion 2,040 Materials 2,400 and Conversion 2,040 Materials 2,400 and Conversion 2,000 Materials 2,000 and Conversion 2,200 Materials 2,400 and Conversion 2,200