Compute the conversion cost per equivalent unit for the Production department using the weightedaverage method. Direct Materials Conversion Percent Units Percent Complete Complete Beginning work in process inventory 36,666 166% 76% Units started and completed 126,666 Units completed and transferred out 156,666 Ending work in process inventory 31,666 166% 76% Production cost information forthe Production department follows. Beginning work in process Direct materials $ 163,566 Conversion 56,266 $ 159,766 Costs added this period Direct materials $ 263,666 Conversion 586,666 $ 843,666