please explain

Part 1 of 2 Required information The following information applies to the questions displayed below) The Matsui Lubricants plant uses the weighted average method to account for its work-in-process inventories. The accounting records show the following information for a particular day 5 Sped $ 1,010 527 Beginning WIP Inventory Direct materials Conversion costs Current period costs Direct materials Conversion costs 24,060 14,390 Quantity information is obtained from the manufacturing records and includes the following Beginning inventory Current period units started Ending inventory 700 units (70% complete as to materials, 54% complete as to conversion) 5,700 units 1,900 units (50% complete as to materials, 25% complete us to conversion) Required: o. Compute the equivalent units for the materials and conversion cost calculations b. Compute the cost per equivalent unit for direct materials and conversion costs