CONVERSI Percent Percent Units Complete Complete Beginning work in process inventory Units started this period 60,000 100% 80% 820,000 Units completed and transferred out Ending work in process inventory 700,000 180,000 100% 30% Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion $420,000 139,000 $ 559,000 Total costs to account for 2,220,000 3,254,000 5,474,000 $ 6,033,000 2. Compute cost per equivalent unit of production for both direct materials and conversion. Cost per equivalent unit of production Costs of beginning work in process Costs added this period Total costs -Equivalent units of production (from part 1) Cost per equivalent unit of production Materials Costs Costs EUP EUP Conversion