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Midway Metal, which uses the weighted average method, produces wire baskets in two derments Bence in Process Inventory T-account for the Bending department is shown below. The 2.000 in begro had direct materials costs of $2,400 and conversion costs of $1,600. Also shown is not for Denong Bir peront Complete 1004 Complete 100 Beginning work in process inventory Unit started this period Completed and transferred out Ending work in process inventory Onits 2,000 6.000 7,000 1.000 100 SON Work in Procons Inventory-Bending (6) Debit Credit Beginning balance 4,000 7 Transferred out Direct materials 7,200 Conversion 17,400 Ending balance a. Compute equivalent units of production for both direct materials and conversion b. Compute cost per equivalent unit of production for both direct materials and conversion C. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process Inventory. ut this question by entering your answers in the tabs below. answers in the tabs below Required A Required Required Compute equivalent units of production for both direct materials and conversion Equivalent units of production: Weighted average Direct Merile Units Percent KUP Completa Percent Complete Total Required) miventory and conversion Output-specifically, to the units transferred out and is the new Complete this question by entering your answers in the tabe below. ook Required Requind us Required Compute cost per equivalent unit of production for both direct materials and conversion. Round Costur um places.) ances Cost per equivalent unit of production: Weighted average Direct Materials Conversion Total costs - Equivalent units of production Cost per equivalent unit of production