Required information The following information applies to the questions displayed below) A production department in a process manufacturing system completed its work on 80,000 units of product and transferred them to the next department during a recent period. Of these units, 24,000 were in process at the beginning of the period. The other 56,000 units were started and completed during the period. At perlod-end, 16,000 units were in process Prepare the production department's equivalent units of production for direct materials under each of three separate assumptions using the weighted-average method for process costing Equivalent units of Production (EUP)--Weighted Average Method 1. All direct materials are added to products when processing begins. Units % Materiais EUP-Materials Units started this period 24,000 24000% Units started this period 56,000 Total 80,000 2. Beginning inventory is 40% complete as to materials and conversion costs. Ending Inventory is 75% complete as to materials and conversion costs. Units % Materials EUPMaterials Total 3. Beginning inventory is 60% complete as to materials and 40% complete as to conversion costs. Ending inventory is 30% complete as to materials and 60% complete as to conversion costs. Units % Materials EUP-Materials