Process costing: 4 points. Victory Company Inc. has two production processes. Conversion cost is adde evenly throughout each process. Direct materials are added at the beginning of the first process. Victory uses weighted-average process costing. Beginning Work in Process inventory Units started this period Units completed and transferred out Ending Work in Process inventory Beginning Work in Process inventory: Direct materials Conversion Costs added this period: Direct materials Conversion Total costs to account for: Units EUP, Direct materials EUP, Conversion 60,000 820,000 700,000 180,000 $420,000 139,000 $559,000 5,474,000 % Completion Materials 100% 100% Conversion 80% Given Victory Company's information, calculate equivalent units of production (EUP) for both direct materials and conversion: Cost/EUP, direct materials Cost/EUP, conversion 30% per EUP per EUP