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 Direct Materials Percent Complete Beginning work in process inventory Units started this period 66,000 100% Conversion Percent Complete 80% 841,000 Units completed and transferred out 705,000 Ending work in process inventory 202,000 100% sex Beginning work in process inventory Direct materials Conversion Direct materials $294,775 86,660 $ 381,435 Costs added this period Conversion 1,972,725 1,646,540 3,619,265 Total costs to account for $ 4,000,700 Required: 1. Compute equivalent units of production for both direct materials and conversion. Fauivalent Units of Production IFIP) Wainhted Averane Method