17 Abraham Company uses process costing to account for its production costs.Conversion Problem Weighted average: throughout the process. Direct materials are added at the beginning of the process. During Sestemhe Cost per equivalent unit: production department transferred 80,000 units of product to finished goods. Beginning work in gr costs assigned to products C2 C3 is added ev consisted of 2,000 units that were 100% complete with respect to direct materials and SSR ompa respect to conversion. Of the units completed, 2,000 were from beginning work in process and 78,000 ur were started and completed during the period. Beginning work in process had $58,000 of direct maten and $86,400 of conversion cost. At the end of September, the work in process inventory consists of 8 units that are 25% complete with respect to conversion. The direct materials cost added in September $712,000, and conversion cost added is $1,980,000. The company uses the weighted-average metho Required 1. Determine the equivalent units of production with respect to (a) conversion and (o) direct materials Check (2) Conversion cost 2. Compute both the conversion cost and the direct materials cost per equivalent unit. 3. Compute both conversion cost and direct materials cost assigned to (e) units completed and transfen out and (b) ending work in process inventory (3 $120,400