Hi-T Company uses the weighted average method of process costing. Information for the company's first production process follows. All direct materials are added at the beginning of this process, and conversion costs are added uniformly throughout the process. Units 2,000 23,000 7,000 Direct Materials Conversion Percent Percent Complete Complete 100% 80% 100% 100% 100% 40% Beginning work in process inventory Completed and transferred out Ending work in process inventory Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $45,000 56,320 $101,320 375,000 341,000 716,000 $817,320 Required: a. Compute the equivalent units of production for both direct materials and conversion (Use cells AS to 017 from the given information to complete this question.) Equivalent Units of Production: Weighted average Direct Materials Conversion Required: a. Compute the equivalent units of production for both direct materials and conversion (Use cells AS to 017 from the given information to complete this question.) Equivalent Units of Production: Weighted average Direct Materials Percent Units Complete EUP Conversion Percent Complete EUP Completed and transferred out Ending work in process Total b. Compute the cost per equivalent unit for both direct materials and conversion (Round "Cost per EUP" to 2 decimal places.) (Use cells AS to 017 from the given information to complete this question.) Cost per Equivalent Unit of Production Direct Materials Conversion Total costs Equivalent units of production Cost per equivalent unit of production C. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) (Use cells A5 to 017 from the given information to complete this question.) Cost assignment-weighted average EUP Cost per EUP Total cost Completed and transferred out Direct materials Conversion Total completed and transferred out Ending work in process Direct materials Conversion Total ending work in process Total costs accounted for $0.00 $0.00