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. Units Beginning work in process inventory Units started this period 69,000 Direct Materials Percent Complete 100% Conversion Percent Complete 80% 905,000 Units completed and transferred out Ending work in process inventory 770,000 204,000 100% 80% Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $ 569,790 209,970 $ 779,760 3,813,210 3,989,430 7,802,640 $ 8,582,400 Required: 1. Compute equivalent units of production for both direct materials and conversion. Equivalent Units of Production (EUP) - Weighted Average Method Total units Direct Materials Conversion Units Percent Complete EUP Percent Complete EUP