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 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 periodi Direct materials Percent Percent Units Complete Complete 64,000 849,000 100% 80% 710,000 203,000 100% 80% $415,415 196,290 $ 611,705 2,780,085 Conversion 3,729,510 6,509,595 Total costs to account for $ 7,121,300. Required: 1. Compute equivalent units of production for both direct materials and conversion. Equivalent Units of Production (EUP)-Weighted Average Method Total units Units Direct Materials Percent Complete EUP Percent Complete Conversion EUP