Required infermation Use the following information for the Exercises below. (Algo) 1 [The following information applies to the questions displayed below] The first production department in a process manufacturing system reports the following unit data. Exercise 16-4 (Algo) Weighted average: Computing equivalent units LO P1 Prepare the production department's equivalent units of production for direct materials under each of the following three separate assumptions using the woighted average method for process costing. Exercise 16-4 (Algo) Weighted average: Computing equivalent units LO P1 Prepare the production department's equivalent units of production for direct materials under each of the following three separate assumptions using the weighted average method for process costing. 2. Beolnning inventory is 40% ceenplete as to direct materials cosis. Ending inventery is 75% complete as to sitect materlats cosfs complete as to direct materials costs. 2. Beginning inventory is eoy complete as to direct materials cests. Ending imsentory is 30% complete as to direct materials eosts