Victory Company uses weighted average process costing. The company has two production processes Conversion cos! 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 Percent Complete 100% Conversion percent Complete Beginning work in process inventory Units started this period Units completed and transferred out Indent work in process Inventory units 60.000 523,000 305.000 100% 70 $ 642,50 9.00 $736,230 Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 4.02.150 1224220 5050 Problem 20-1A (Algo) Part 1 Required: 1. Compute equivalent units of production for both direct materials and conversion Equivalent Unit of Production (EUP) - Welged Averno Method Direct Materials Conversion Porcent EN Porcent EUR Complete Corp Total units 2. Compute cost per equivalent unit of production for both direct materials and conversion Materials Conversion Cost por equivalent unit of production Costs EUP Costs EUP Total costs Equivalent units of production (from part 1) Cost per equivalent unit of production 0 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.) EUP Cost per EUP Total cost Costassignment-Wolghted averago Completed and transferred out Direct materials Conversion 0 Ending work in process Direct materials Conversion $ 5 0005 0.00 Total costs accounted for