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 Conversion Percent Complete Percent Complete Beginning work in process inventory 75,000 100% 80% Units started this period 869,000 Units completed and transferred out 765,000 Ending work in process inventory 179,000 100% 40% Beginning work in process inventory Direct materials $ 184,080 Conversion 104,575 $ 288,655 Costs added this period Direct materials 1,231,920 Conversion 1,986,925 3,218,845 Total costs to account for $ 3,507,500 2. Compute cost per equivalent unit of production for both direct materials and conversion