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. (Click on the Graded Worksheet Tab below.) Materials Conversion Units Percent Complete Complete Percent Beginning work in process inventory 3,500 100% 70% Completed and transferred out 24,500 100% 100% Ending work in process inventory 8,500 100% 30% Production cost information for the forming department follows. Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for Required: $42,300 68,225 $110,525 390,000 324,000 714,000 $824,525 a. Compute the equivalent units of production (EUP) for both direct materials and conversion. b. Calculate the costs per equivalent unit of production for both direct materials and conversion. c. Using the weighted average method, assign costs to the department's output-specifically, to the units transferred out S and to the units in ending work in process inventory.