Required information {The following information applies to the questions displayed below.) Pacific Ink had beginning work in process inventory of $1,005,960 on October 1. Of this amount. $423,500 was the cost of direct materials and $582,460 was the cost of conversion. The 61,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs. During October, 128,000 units were transferred out and 43,000 remained in ending inventory. The units in ending inventory were 80 percent complete with respect to direct materials and 40 percent complete with respect to conversion costs. Costs incurred during the period amounted to $3,314,300 for direct materials and $4,022,730 for conversion Required: a. Compute the equivalent units for the materials and conversion cost calculations b. Compute the cost per equivalent unit for direct materials and for conversion costs using the weighted average method. Required: a. Compute the equivalent units for the materials and conversion cost calculations. b. Compute the cost per equivalent unit for direct materials and for conversion costs using the weighted average method. Complete this question by entering your answers in the tabs below. Required A Required B Compute the equivalent units for the mterials and conversion cost calculations. Equivalent units for materials Equivalent units for conversion costs Required A Required B > Uue Complete this question by entering your answers in the tabs below. Required A Required Compute the cost per equivalent unit for direct materials and for conversion costs using the weighted average method. (Round your answers to 2 decimal places.) Cost Per Equivalent Unit Direct materials Conversion costs