Required information The following information applies to the questions displayed below) Victory Company uses welghted-average process costing to account for its production costs. Conversion cost is added evenly throughout the process Direct materials are added at the beginning of the first process. During November, the first process transferred 755,000 units of product to the second process. Additional information for the first process follows. At the end of November, work in process inventory consists of 183.000 units that are 60% complete with respect to conversion Beginning work in process Inventory had $243,880 of direct materials and $194,580 of conversion cost . The direct material cost added in November is $1.632.120, and the conversion cost added is $3697,020 Beginning work in process consisted of 75.000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion of the units completed, 75,000 were from beginning work in process and 680.000 units were started and completed during the period Deuren Required: For the first process 1. Determine the equivalent units of production with respect to direct materials and conversion Equivalent units of Production (EUP-Weighted Average Method Units Materials EUP. Materials 46 Conversion EUP. Conversion Total units 2. Compute both the direct material cost and the conversion cost per equivalent unit Cost per equivalent unit of production Materials Conversion Total costs Costs EUP Cost EUP -Equivalent units of production Cost per equivalent unit of production (rounded fo 2 decimals) 3. Compute the direct material cost and the conversion cost assigned to unlts completed and transferred out and ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) EUP Cost per EUP Total cost Cost of units transferred out Dres erials Conversion To cost transferred out Cosis olending work pro Due materiale Conversion Total costs tanding work in process Total costs account for EUP Cost por EUP Total cost