Question 18 25 pts Camino Pen Company uses weighted-average process costing account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added as needed throughout the process. During March, the company transferred 800,000 units of product to finished goods. At the end of March, the work in process inventory consists of 189,000 units that are 70% complete with respect to materials and 50% complete with respect to conversion. Beginning inventory had $236,970 of direct materials and $111,650 of conversion cost. The direct material cost added in March is $1,720,860, and the conversion cost added is $2,169,325. Beginning work in process consisted of 73,000 units that were 75% complete with respect to direct materials and 40% complete with respect to conversion. 916,000 units were started during period. Requirement 1: Determine the equivalent units of production with respect to direct materials and conversion. Enter your answers in the schedule below. Enter amounts as whole numbers with NO DOLLAR SIGN, NO COMMAS, NO DECIMAL AND NO PERCENT SIGN. transferred to finished goods Ending WIP inventory at March 31 Total Units % Complete Materials EUP % Complete Materials Conversion EUP Conversion Requirement 2: Determine the cost per equivalent unit of production with respect to direct materials and conversion. Enter your answers in the schedule below. Enter amounts as whole numbers with NO DOLLAR SIGN AND NO COMMAS except "Cost per EUP" which should be rounded to 2 decimal places. Conversion Materials Total Costs of production Equivalent Units of production Cost per EUP (round to 2 decimal places) Requirement 3: Compute the direct material cost and the conversion cost assigned to units completed and transferred out and ending work in process inventory. Enter your answers in the schedule below. Enter amounts as whole numbers with NO DOLLAR SIGN, NO COMMAS AND NO DECIMALS. Conversion Materials Amount transferred out Amount remaining in WIP Total costs assigned