Required information The following information applies to the questions displayed below] Part 1 of 2 The Matsui Lubricants plant uses the weighted average method to account for its work-in-process inventories. The accounting records show the following information for a particular day. points Skipped $ 991 422 Beginnine WIP inventory Dire: malarials Conversion costs Current period costs Direct materials Conversion rasts 19,406 Quantity information is obtained from the manufacturing records and includes the following Print Beginnine inventory References Current period units started Ending inventory 958 units (48% complete is to materials, 56complete as to conversion) 5,000 units 1,200 units (46% complete as to materials, 30%, complete as to 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 conversion costs. Complete this question by entering your answers in the tabs below. Required A Required B Compute the equivalent units for the materials and conversion cost calculations. Equivalent units for materials Equivalent units for conversion costs Required information [The following information applies to the questions displayed below.] Part 2 of 2 The Matsui Lubricants plant uses the weighted average method to account for its work-in-process inventories. The accounting records show the following information for a particular day. 10 points Skipped $ 991 422 Beginning WIP inventory Direct materials Conversion costs Current period costs Direct materials Conversion costs 19,406 11,331 eBook Quantity information is obtained from the manufacturing records and includes the following. Print Beginning inventory References Current period units started Ending inventory 950 units (60% complete as to materials, 56% complete as to conversion) 5,000 units 1,200 units (40% complete as to materials, 30% complete as to conversion) Compute the cost of goods transferred out and the ending inventory using the weighted-average method. (Do not round intermediate calculations.) Costs of goods transferred out Costs in ending inventory