Determine the equivalent units of production (EUP) for both direct materials and conversion assuming the following information: Units completed and transferred out 62,000 units Ending WIP inventory = 68,000 units Ending WIP inventory consists of partially completed units that are 100% complete with respect to direct materials, and 40% complete with respect to conversion costs. Equivalent Units of Production (EUP)-Weighted Average Method Units % Materials EUP Materials % conversion | EUP-Conversion Units completed and transferred out Units in Ending work in 130,000 Total units