es Required information Use the following information for the Exercises below. (Algo) 1 [The following information applies to the questions displayed below.] The first production department in a process manufacturing system reports the following unit data. Beginning work in process inventory Units started and completed 26,400 units 61,600 units. Units completed and transferred out 88,000 units 16,400 units. Ending work in process inventory Exercise 20-4 (Algo) Weighted average: Computing equivalent units LO P1 Prepare the production department's equivalent units of production for direct materials under each of the following three separat assumptions using the weighted average method for process costing.