16a. Monfort Company had the following information --%of Materials - Direct Labor 75% 60% Beginning Inventory CompleteOverhead Complete Unts 125,000 200,000 40,000 100% Started & Completed Ending Inventory 100% Cost of direct materials $748,000 Con version costs Beginning work in-process 833,400 148,500 (1.) What are equivalent units of production for materials? (3 pts) (2.) What was the cost per production for ivalent unit of production for materials during the period? ound your final answer to two decimal places.) (2 pts) (3.) What were the equivalent units of production for conversion cost? (3 pts) (4.) What final answer to two decimal places.) (2 p t was the cost per equivalent unit of production for conversion costs? (Round your Please provide your work and answers here