Cost Information and the Weighted Average Method Morrison Company had the equivalent units schedule and cost information for its Sewing Department for the month of December, as shown below. Units completed Direct Materials 42,000 Conversion Costs 42,000 Add: Units in ending work in process x Percentage complete: 12,000 x 100% direct materials 12,000 12,000 x 40% conversion materials 4,800 Eqivalent units of output 54,000 46,800 Costs: Work in process, December 1: Direct materials Conversion costs Total work in process $63,0c 14,000 $77,000 Current costs: Direct materials Conversion costs Total current costs $540,000 185,000 $725,000 Required: