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Required Information Use the following information for the Exercises below. [The following intoumanion applies to the questions displayed below) A production department in a process manufacturing system completed its work on 70,000 units of product and transferred them to the next department during a recent period of these units, 28.000 were in process at the beginning of the period. The other 42.000 units were started and completed during the period. At period-end, 17000 units were process Exercise 20-4 Weighted average: Computing equivalent units LO C2 Prepare the production department's equivalent unes of production for direct materials under each of three separate assumptions using the weighted average method for process costing Vannits of Production Weitere Method 1. All dat waterials are ded to products when processing begins Uits Material EUP, Us Total 2 Beginning investment als and converts Ending netty Optimal and convert UPM riepoie uie proUULUUI UEPOTE Yuivalen US DI PIVUULLIUI TUE UNELLINOLENOID UITVI COLIVII Separate an using the weighted average method for process costing. Equivalent Units of Production (EUPH-Weighted Average Method 1. All direct materials are added to products when processing begins. Units 96 Materials EUP-Materials Total 2. Beginning inventory is 40% complete as to materials and conversion costs. Ending inventory is B0% complete as to materials and conversion costs. Units 5. Materials EUP-Materials Total 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. Units 5 Materials EUP-Materials Total