25) A company uses a process costing system and the weighted average method for inventory cost following information is available regarding direct labor for the current year. (8 points) Work in Process, January 1 5,500 units, 80% complete Work in Process, December 31 8,800 units, 40% complete Units completed and transferred to finished goods: 46,900 units Direct labor costs during the year $266,300 A) Calculate the equivalent units of production for direct labor for the year. B) Calculate the average cost per equivalent unit for direct labor. What is accounting? (4 points)