Compute the conversion cost per equivalent unit for the Production department using the weighted-average method. Direct Materials Conversion Percent Units Percent Complete Beginning work in process inventory 40,000 100% Complete 55% Units started and completed 120,000 Units completed and transferred out 160,000 Ending work in process inventory 36,000 100% 70% Production cost information for the Production department follows. Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion $112,500 57,400 $ 169,900 $ 272,000 582,100 $ 854,100