9 Assignment Geved Required Information [The following information applies to the questions displayed below.) Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct materials are added at the beginning of the first process. Additional information for the first process follows. Direct Materials Percent Complete 10x Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Conversion Percent Complete sex Units 61, eee 928, 780, 209, see 100% sex Beginning work in process inventory Direct saterials Conversion Coste added this period Direct materials Conversion Total costs to account for $ 514,280 119,563 5 624,843 3,441,720 2. 100.687 5,542,407 $ 6,167,25e Required: 1. Compute equivalent units of production for both direct materials and conversion Equivalent Units of Production (EUP) - Weighted Average Method Direct Materials Conversion Units Percent EUP Percent Complete EUP Complete 2 Compute cost per equivalent unit of production for both direct materials and conversion production Materials Conversion fotlosts + Equivalent units of production (trom part-1) Cost per equivalent unit of production Costs EUP Costs EUP 3. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process Inventory. (Round "Cest per EUP" to 2 decimal places.) EUP Cost per EUP Total cost Gomcleted and transferred out Direct material Conversion Etag wat in ons Cirect maters Conversion Tocal coccounted for