Calculate the number of equivalent units for Direct Material (round answer to 2 decimal places when necessary, show all necessary calculations) (2 points) The Rest-a-Lot chair company manufacturers a standard recliner. The company uses process costing system and the Weighted Average method. During February, the firm's Assembly Department had the following information. Beginning work in process 15,000 units, 30% complete for conversion Units started in production 70,000 units Ending work in process inventory 5,000 items, 80% complete for conversion Direct materials are add to production at the beginning of the process and conversion costs are incurred evenly throughout the process. Cost data are as following: Costs: Beginning WI.P inventory: Direct materials $48,000 Conversion costs $35,000 Manufacturing costs added during the accounting period: Active Window Direct materials $343,000 Conversion costs S259.000