A Corporation uses the weighted average method in its process costing system and has determined that the equivalent units in the first processing department during the most recent month were: Units Materials Conversion Units transferred to the next department 7,400 7,400 7,400 Ending work in process 700 595 315 Total 7,995 EU 7,715 EU Using the equivalent units above, the cost per equivalent unit in Department 1 was computed to be: Materials Conversion Cost per EU $2.00 $3.20 The materials and conversion costs in ending inventory in Department 1 are: Materials $1,400; Conversion $2,240. Materials $1,190; Conversion $1,008. Materials $1,190; Conversion $2,240. Materials $3,094; Conversion $1,008