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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) A production department in a process manufacturing system completed its work on 70,000 units of product and transferred them to the next department during a recent period. Of these units. 28.000 were in process at the begin of the period. The other 42.000 units were started and completed during the period. At period-end. 17.000 units we process Exercise 16-4 Weighted average: Computing equivalent units LO C2 Prepare the production department's equivalent units of production for direct materials under each of three separate assu using the weighted-average method for process costing. Equivalent Units of Production (EUP)- Weighted ed Average Method 1. All direct materials are added to products when processing begins. EUP-Materia Total 2. Beginning inventory is 40% complete as to materials and conversion costs. Ending inventory 80% complete as to materials and conversion costs. Materials EUP-Materials Tote 3. Beginning inventory is 60% complete as to materials and 40%% complete Ending inventory is 30% complete as to materials and 60% complete as to conversion costs s to conversion costs