Bellevue Chemicals had beginning work-in-process Inventory of $252,125 on March 1. Of this amount, $102,200 was the cost of direct materials and $149,925 was the cost of conversion. The 24,260 units in the beginning inventory were 45 percent complete with respect to direct materials and 65 percent complete with respect to conversion costs. During March, 58,390 units were transferred out and 15,300 remained in ending Inventory. The units in ending Inventory were 70 percent complete with respect to direct materials and 15 percent complete with respect to conversion costs. Costs incurred during March amounted to $927,390 for direct materials and $1,039,501 for conversion. Exercise 8-45 (Algo) Compute Costs per Equivalent Unit: Weighted-Average Method (LO 8-3) Required: a. Compute the equivalent units for the materials and conversion cost calculations. b. Compute the cost per equivalent unit for direct materials and for conversion costs for March using the weighted-average method