Problem w Abraham Company uses process costing to account for its production costs. Conversion is added eve Weighted average:throughout the process. Direct materials are added at the beginning of the process. During September Cost per equivalent unit costs assigned to products production department transferred 80,000 units of product to finished goods. Beginning work in prog consisted of 2,000 units that were 100% complete with respect to direct materials and 85% complete respect to conversion. Of the units completed, 2,000 were from beginning work in process and 78,000 u were started and completed during the period. Beginning work in process had $58,000 of direct maten and $86,400 of conversion cost. At the end of September, the work in process inventory consists of 8 units that are 25% complete with respect to conversion. The direct materials cost added in September $712,000, and conversion cost added is $1,980,000. The company uses the weighted-average metho C2 C3 Required 1. Determine the equivalent units of production with respect to (a) conversion and (b) direct material 2. Compute both the conversion cost and the direct materials cost per equivalent unit. Check (2) Conversion cost per equivelent unit, $25.20 3. Compute both conversion cost and direct materials cost assigned to (a) units completed and transfer (3b) $120,400 out and (b) ending work in process inventory