Compute the equivalent units of production for both direct materials and conversion. Equivalent Units of Production: Weighted average a. Compute the equivalent units of production for both direct materials and conversion. b. Compute the cost per equivalent unit for both direct materials and conversion. c. Assign costs to the department's output-specifically, to the units transferred out and to the inventory. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process nventory. Note: Round "Cost per EUP" to 2 decimal places