! Required information Check my work [The following information applies to the questions displayed below.] Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct materials are added at the beginning of the first process. Additional information for the first process follows. Direct Materials: Conversion Units Beginning work in process inventory Units started this period 78,000 830,000 Percent Complete 100% Percent Complete 80% Units completed and transferred out Ending work in process inventory 715,000 193,000 100% 50% Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $ 354,120 60,863 2,369,880 1,156,387 $414,983 3,526,267 $ 3,941,250 Required: 1. Compute equivalent units of production for both direct materials and conversion.