Gamma, Inc. manufactures a product that passes through two production processes. A quantity schedule for a recent month for the first process follows: Costs in the beginning work-in-process inventory of the first processing department were materials, $7,000, and conversion cost, $18,000. Costs added during the month were materials, $60,000, and conversion cost, $360,000. Required: 1. Assume that the company uses the weighted average cost method of accounting for units and costs. Determine the equivalent units for the month for the first process. Costs in the beginning work-in-process inventory of the first processing department were materials, $7,000, and conversion cost, $18,000. Costs added during the month were materials, $60,000, and conversion cost, $360,000. Required: 1. Assume that the company uses the weighted average cost method of accounting for units and costs. Determine the equivalent units for the month for the first process. 2. Compute the costs per equivalent unit for the month for the first process. (Round your answers to 3 decimal places.) Fine Drinks, Inc. uses a process costing system. The following data are available for one department for March: The department started 180,000 units into production during the month and transferred 200,000 completed units to the next department. Required: Compute the equivalent units of production for March, assuming that the company uses the weighted average cost method of accounting for units and costs