5 Part 1 of 3 Required Information [The following information applies to the questions displayed below) Victory Company uses weighted average process costing to account for its production costs. Conversion cost is added evenly throughout the process Direct materials are added at the beginning of the first process. During November, the first process transferred 775,000 units of product to the second process. Additional information for the first process follows. At the end of November, work in process inventory consists of 182,000 units that are 80% complete with respect to conversion Beginning work in process inventory had $435,435 of direct materials and S161105 of conversion cost. The direct material cost added in November is $2.914,065. and the conversion cost added is $3,060,995 Beginning work in process consister000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversif the units completed, 70,000 were from beginning work in process and 705.000 units were started and completed during the period 8 023343 Required: For the first process 1. Determine the equivalent units of production with respect to direct materials and conversion EUPwrsion Equivalent Units of Production (EUP-Weighted Average Method Units Materials EUP. Materials Conversion Total