QUESTION 1 The following information is belong the Petra Company, the Materials ate added at the beginning of the production process. The Petra company uses a Weighted Average process costing system. The following information on the physical flow of units is available for the month of November 90.000 1,020,000 960,000 Beginning Work in process (70% complete) Units started in November Units Completed in November and transferred out Ending work in process (40% complete) And, the Cost data for November show the following: Beginning Work in process Inventory Direct Material costs Conversion costs 150,000 $ 35,670 110,630 Current period costs Direct Material costs Conversion costs $ 408,330 1,521,370 Required 1. Compute the equivalent units for the materials and conversion calculation assuming Petra Company uses the weighted- average method 2. Compute the cost per equivalent unit for materials and conversion costs for November. you can use the below table : Physical Equivalent Units Units Materials Eq. units Conversion Costs Eq units Flow of units