[The following information applies to the questions displayed below.] Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct materials are added at the beginning of the first process. Additional information for the first process follows. Direct Materials Conversion Units Beginning work in process inventory Units started this period 74,000 Percent Percent Complete Complete 100% 80% 935,000 Units completed and transferred out 805,000 Ending work in process inventory 204,000 100% 80 Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $262,340 193,640 $455,980 1,755,660 3,679,160 5,434,820 $ 5,890,800 Required: 1. Compute equivalent units of production for both direct materials and conversion.