Required information Use the following information for the Exercises below The following information applies to the questions displayed below. The production department in a process manufacturing system completed 74,000 units of product and transferred them to finished goods during a recent period. Of these units, 29,600 were in process at the beginning of the period. The other 44,400 units were started and completed during the period. At period-end, 17,200 units were in process. Exercise 20-4 Weighted average: Computing equivalent units LO C2 Prepare the department's equivalent units of production with respect to direct materials under each of three separate assumptions using the weighted-average method for process costing