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t Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added

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Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added as needed throughout the process. During March, the company transferred 755,000 units of product to finished goods. At the end of March, the work in process inventory consists of 201,000 units that are 80% complete with respect to materials and 50% complete with respect to conversion. Beginning inventory had $248,560 of direct materials and $91,580 of conversion cost. The direct material cost added in March is $1,491,460 and the conversion cost added is $1,790,520. Beginning work in process consisted of 79,000 units that were 75% complete with respect to direct materials and 40% complete with respect to conversion. 877,000 units were started during the period. Determine the equivalent units of production with respect to direct materials and conversion. Enter your answers in the schedule below. Enter amounts as whole numbers with NO DOLLAR SIGN, NO COMMAS, NO DECIMAL AND NO PERCENT SIGN. % Complete EUP % Complete EUP Units Materials Materials Conversion Conversion Units transferred to finished goods % Ending WIP inventory at March 31 % % Total Determine the cost per equivalent unit of production with respect to direct materials and conversion. Enter amounts as whole numbers with NO DOLLAR SIGN AND NO COMMAS except "Cost per EUP which should be rounded to 2 decimal places. Materials Conversion $ Total Costs of production Equivalent Units of production $ Cost per EUP (round to 2 decimal places) Compute the direct material cost and the conversion cost assigned to units completed and transferred out and ending work in process inventory. Enter your answers in the schedule below. Enter amounts as whole numbers with NO DOLLAR SIGN, NO COMMAS AND NO DECIMALS. Materials Conversion Amount transferred out Amount remaining in WIP Total costs assigned Complete the schedule below to determine the units to be accounted for. Enter your answers in the schedule below. Enter amounts as whole numbers with NO DOLLAR SIGN, NO COMMAS AND NO DECIMALS. Units Units Beg WIP inventory at Feb 28 Units transferred to finished goods 248560 Units started in March 1491460 Ending WIP inventory at March 31 Total units to be accounted for Total units to be accounted for

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