Refer to the following information about the Finishing Department in the Davidson Factory for the month of June. Davidson Factory uses the weighted-average method of inventory costing. Beginning Work in Process inventory: Physical units 5,000 units (completed in June) % complete 70% for materials % complete for conversion (labor and overhead) 25% $7,350 Materials Cost from May Conversion cost from May $3,125 Products started and completed: Physical 40,000 units Units Ending Work in Process Inventory: Physical 4,000 units Units % complete 40% for materials % complete for 10% conversion Manufacturing costs incurred for June: Materials $96,975 Conversion $79,470 1. Compute equivalent units for direct materials and conversion costs: EUP for DM units, EUP for conversion units. 2. Compute cost per equivalent units for direct materials and conversion costs: Cost per EUP for DM $ ; Cost per EUP for conversion costs $ **round to the nearest cent, e.g. 5.63*** 3. Compute the total cost of units completed and transferred out to finished goods during June. Total costs assigned to units completed and transferred out $ **Be sure to use your answers from part 2.*** 4. Compute total cost of the ending Work in Process Inventory. Direct material cost assigned to ending WIP $ conversion costs assigned to ending ta WIP $ and therefore total costs assigned to ending WIP $ **Be sure to use per unit cost from part 2.***