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Problem 20-1A (Algo) Weighted average: Cost per equivalent unit; costs assigned to products LOP1 (The following information applies to the questions displayed below] Victory Company uses weighted average process costing. The company has two production processes. Corversion cost is added evenly throughout each process. Direct materiais are added at the beginning of the first process. Additional information for the first process follows. Problem 20-1A (Algo) Part 1 Required: 1. Compute equivalent units of production for both direct materials and conversion. Required information Problem 20-1A (Algo) Weighted average: Cost per equivalent unit; costs assigned to products LO P1 [The following information applies to the questions dispiayed below] Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is added evenly throughoul each procoss. Direct materials are added at the beginning of the first process. Additional information for the first process follows. Problem 20-1A (Algo) Part 2 2. Compute cost per equivalent unt of production for both direct materials and conversion. Problem 20-1A (Algo) Weighted average: Cost per equivalent unit; costs assigned to products LO P1 [The following information applies to the questions displayed bolow] Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct moteriais are added at the beginning of the first process. Additionol information for the first process follows Problem 20-1A (Algo) Part 3 3. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending wark in process inventory. Note: Round "Cost per EUP" to 2 decimal places