Question 3 1 pts Given the following information, calculate equivalent units of production for materials and conversion costs (using the weighted average method): Units Materials Conversion Units Completed 120,000 Work-in-process, ending 20,000 20% complete 10% complete Units Materials Conversion Units Completed 120,000 [Select) Select) WIP, ending 20,000 Materials 20% [ Select) Conversion 10% Select) > Total Equiv. Units [ Select) [Select) Question 4 1 pts Jsing the information below and from question #3 above (the total equivalent units numbers), calculate the cost per equivalent unit for materials and conversion: Materials Conversion $12,000 $50.000 $62,000 Conversion $44,000 $200,000 $244,000 Beg. Work-in-Process Costs Added to Production Total Costs Materials Beg. WIP $12,000 Costs Added $50.000 Total $44,000 $56,000 $200.000 $250.000 Total Costs $62,000 $244,000 $306,000 Equiv. Units (from question #3) [ Select) v [Select) Materials Conversion Total