b) Best Toys Company manufactures a variety of battery-operated toys. Information on its popular product 3D is provided to you. Materials are added at the beginning of the production process, and conversion costs are incurred uniformly. Production and cost data for the month of October 2022 are as follows: Production Data- 3D Popular Toy Units Percentage Complete Work in process units, October1 500 80% Units started in production 1000 Work in process units,October 31 400 40% Cost Data- 3D Popular Toy Work in process, October 1 Materials $700 Conversion costs 600 $1,300 Direct materials 2,500 Direct labor 1,680 Manufacturing overhead 1,340 Required: Calculate the equivalent units of production for materials and conversion costsusing the weighted average method.