O Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.) The production department in a process manufacturing system completed 82,000 units of product and transferred them to finished goods during a recent period of these units, 24,600 were in process at the beginning of the period. The other 57,400 units were started and completed during the period. At period-end, 16100 units were in process, Exercise 16-4 Weighted average: Computing equivalent units LO C2 Prepare the departments equivalent units of production with respect to direct materials under each of three separate assumptions using the weighted average method for process costing Equivalent Units of Production (EUP)--Weighted Average Method 1. All direct materials are added to products when processing begins. EUP Units % Materials Materials Total EUP 2. Beginning inventory is 30% complete as to materials and conversion costs. Ending inventory is 70% complete as to materials and conversion costs, EUP Units % Materials Materials ences Total EUP 3. Beginning inventory is 70% complete as to materials and 30% complete as to conversion costs. Ending inventory is 20% complete as to materials and 70% complete as to conversion costs. EUP- Units % Materials Materials nces Total EUP Exercise 16-5A FIFO: Computing equivalent units LO C4 Prepare the department's equivalent units of production with respect to direct materials under each of the three separat using the FIFO method for process costing, Equivalent Units of Production (EUP)FIFO Method 1. All direct materials are added to products when processing begins. Units % Materials EUP---Materials Total EUP 2. Beginning inventory is 30% complete as to materials and conversion costs, Ending inventory is 70% complete as to materials and conversion costs. Units % Materials EUP-Materials co 2. Beginning inventory is 30% complete as to materials and conversion costs. Ending inventory is 70% complete as to materials and conversion costs. Units % Materials EUP-Materials Total EUP ht 3. Beginning inventory is 70% complete as to materials and 30% complete as to conversion costs. Ending inventory is 20% complete as to materials and 70% complete as to conversion costs. Units % Materials EUP-Materials Total EUP