Required information Part 1 of 3 Problem 20-1A (Algo) Weighted average: Cost per equivalent unit; costs assigned to products LO P1 [The following information applies to the questions displayed below.] 1.28 Victory Company uses weighted average process costing. The company has two production processes. Conversion cost points 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 eBook Percent Percent Units Complete Complete Beginning work in process inventory 73 , 000 1008 80% Units started this period 902, 000 Print Units completed and transferred out 785, 000 Ending work in process inventory 190 , 000 100% 50% Beginning work in process inventory References Direct materials $ 316, 875 Conversion 66, 000 $ 382, 875 Costs added this period Direct materials 2, 120, 625 Conversion 1 , 254 , 000 3, 374, 625 Total costs to account for $ 3, 757, 500 Problem 20-1A (Algo) Part 1 Required: 1. Compute equivalent units of production for both direct materials and conversion. Equivalent Units of Production (EUP) - Weighted Average Method Direct Materials Conversion Units Percent Percent EUP EUP Complete Complete Total units3 ! Required information Part 3 of 3 Problem 20-1A (Algo) Weighted average: Cost per equivalent unit; costs assigned to products LO P1 [The following information applies to the questions displayed below.] 4.28 Victory Company uses weighted average process costing. The company has two production processes. Conversion cost points 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 Book Percent Percent Units Complete Complete Beginning work in process inventory 73 , 000 1008 808 Units started this period 902 , 000 Print Units completed and transferred out 785, 000 Ending work in process inventory 190, 000 1008 508 Beginning work in process inventory References Direct materials 316, 875 Conversion 66, 000 $ 382, 875 Costs added this period Direct materials 2, 120, 625 Conversion 1, 254, 000 3, 374, 625 Total costs to account for $ 3, 757 , 500 Problem 20-1A (Algo) Part 3 3. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) Cost assignment-Weighted average Completed and transferred out EUP Cost per EUP Total cost Direct materials Conversion Ending work in process Direct materials $ 0.00 0 Conversion 0.00 Total costs accounted for