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.

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Required Information [The following information applles to the questions alisplayed below.] Victory Company uses welghted average process costing. The company has two production processes. Conversion cost Is added evenly throughout each process. Direct materlals are added at the beginning of the first process. Additional information for the first process follows. Required: 1. Compute equivalent units of production for both direct materlals and conversion. 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. 2 Compute cost per equlvalent unit of production for both direct materlals and conversion