0 Required information The following information applies to the questions displayed below.) The production department in a process manufacturing system completed 80,000 units of product and transferred them to finished goods during a recent period. Of these units, 24,000 were in process at the beginning of the period. The other 56,000 units were started and completed during the period. At period-end, 16,000 units were in process Prepare the department's equivalent units of production with respect to direct materials under each of three separate assumptions using the weighted average method for process costing. Equivalent Units of Production (EUP) -Weighted Average Method 1. All direct materials are added to products when processing begins. Units EUP % Materials Materials Goods completed 80,000 100% 80,000 Ending work in process 16,000 100% 16,000 Total EUP 96,000 96.000 2. Beginning Inventory is 40% complete as to materials and conversion costs. Ending Inventory is 75% complete as to materials and conversion costs. EUP Units % Materials Materials Ending work in process Total EUP 3. Beginning inventory is 60% complete as to materials and 40% complete as to WHE MIVUILTILI MUUUUUUUU FIGUU Required information Equivalent Units of Production (EUP)-Weighted Average Method 1. All direct materials are added to products when processing begins. EUP Units % Materials Materials Goods completed 80,000 100% 80,000 Ending work in process 16,000 100% 16,000 Total EUP 96,000 96,000 2. Beginning inventory is 40% complete as to materials and conversion costs. Ending inventory is 75% complete as to materials and conversion costs. EUP Units % Materials Materials Ending work in process Total EUP 3. Beginning inventory is 60% complete as to materials and 40% complete as to conversion costs. Ending Inventory is 30% complete as to materials and 60% complete as to conversion costs, EUP Units % Materials Materials Total EUP