Hi there, so I'm having a hard time understanding EUP. Could use please help me understand it with a detailed explanation as to how it works and how to calculate it?

Also, a couple of question:

1) On the Cost of Equivalent Unit Production how to calculate the cost incurred in a period?

2) On the Total Costs Accounted for how to calculate the Cost of Goods transferred?

In addition, I included some of the problems I've been struggling with. The answer with a detailed explanation as to how the numbers came about would highly benefit me and help me understand it. Thank you in advance.

Required information [ The following information applies to the questions displayed belo wj Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 775,000 units of product to nished goods. At the end of November, the work in process inventory consists of 184,000 units that are 80% complete with respect to conversion. Beginning inventory had $311,675 of direct materials and $92,220 of conversion cost. The direct material cost added in November is $2,085,825, and the conversion cost added is $1,752,180. Beginning work in process consisted of 63,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion. Of the units completed, 63,000 were from beginning work in process and 712,000 units were started and completed during the period. Required: 1. Determine the equivalent units of production with respect to direct materials and conversion. nits completed and transferred out '- nding work in process - units '- Total units 2. Compute both the direct material cost and the conversion cost per equivalent unit. Total costs Costs Costs + Equivalent units of production EUP EUP Cost per equivalent unit of production (rounded to 2 0 0 decimals) 3. Compute the direct material cost and the conversion cost assigned to units completed and transferred out and ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) Cost of units transferred out: EUP Cozhger Total cost Direct materials Conversion Total costs transferred out Costs of ending work in process EUP 8023:\" Direct materials $ 0.00 $ Conversion $ 0.00 Total cost of ending work in process Total cost Total costs accounted for