5 Required information Use the following information for the Exercises below. The following information applies to the questions displayed below! A production department in a process manufacturing system completed its work on 86,000 units of product and transferred them to the next department during a recent period of these units, 25,800 were in process at the beginning of the period. The other 60.200 units were started and completed during the period. At period end, 16,300 units were in process cBook Hint eferences Exercise 16-4 Weighted average: Computing equivalent units LO C2 Prepare the production department's equivalent units of production for direct materials under each of three separate assumptions using the weighted average method for process costing, Equivalent Units of Production (EUP)-Weighted Average Method 1. All direct materials are added to products when processing begins Units % Materials EUP-Materials Goods completed 86 000 100% 86,000 Ending work in process 16,300 100% 16,300 Total 102,300 102,300 2. Beginning inventory is 30% complete as to materials and conversion costs. Ending inventory is 80% complete as to materials and conversion costs