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. Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for Units 60,000 Direct Materials Percent Complete 100% Conversion Percent Complete 80% 881,000 745,000 196,000 100% 90% $ 183,495 161,245 $ 344,740 1,228,005 3,063,655 4,291,660 $ 4,636,400 1. Compute equivalent units of production for both direct materials and conversion. Equivalent Units of Production (EUP) - Weighted Average Method Total units Direct Materials Units Percent EUP Complete Percent Complete Conversion EUP 2. Compute cost per equivalent unit of production for both direct materials and conversion. Cost per equivalent unit of production Materials Total costs Costs Costs - Equivalent units of production (from part 1) Cost per equivalent unit of production EUP EUP Conversion 3. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) Cost assignment-Weighted average Completed and transferred out Direct materials Conversion Ending work in process Direct materials Conversion EUP Cost per EUP Total cost Total costs accounted for