Required information [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 materlals are added at the beginning of the first process. Additional information for the first process follows. Required: 1. Compute equivalent units of production for both direct materials and conversion. Required information [The following information applles 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 materlals are added at the beginning of the first process. Additional information for the first process follows. 2 Compute cost per equlvalent unit of production for both direct materlals and conversion. Required information [The following information applles to the questions alsplayed below.] Victory Company uses welghted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct materlals are added at the beginning of the first process. Additional information for the first process follows. 3. Assign costs to the department's output-speclfically, to the units transferred out and to the units in ending work in process inventory. Note: Round "Cost per EUP" to 2 decimal places