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 materials are added at the beginning of the first process. Additional information for the first process follows. Direct Materials Percent Complete 100% Conversion Percent Complete 80% Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 68,000 935,000 810,000 193,000 100% 60% $ 521,560 231,450 $ 753,010 Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 3,490, 440 4,397,550 7,887,990 $ 8,641,000 Required: 1. Compute equivalent units of production for both direct materials and conversion. Equivalent Units of Production (EUP)- Weighted Average Method Units % Materials EUP- Materials % Conversion EUP- Conversion Total units 2. Compute cost per equivalent unit of production for both direct materials and conversion. Cost per equivalent unit of production Materials Conversion Costs Costs Total costs = Equivalent units of production (from part 1) Cost per equivalent unit of production EUP EUP 0 0 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.) EUP Cost per EUP Total cost Cost assignmentWeighted average Completed and transferred out Direct materials Conversion Total completed and transferred out Ending work in process Direct materials Conversion Total ending work in process Total costs accounted for $ 0 0.00 $ 0.00 HA 0