is added evenly throughout each process. Direct materials are added at the beginning of the first process. Additional information for the first process follows. Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for Direct Materials Conversion Percent Percent Units 73,000 912,000 Complete Complete 100% 80% 780,000 205,000 100% 70% $ 192,075 161,613 $ 353,688 1,285,425 3,070,637 $ 4,709,750 4,356,062 2. Compute cost per equivalent unit of production for both direct materials and conversion. Cost per equivalent unit of production Materials 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 Conversion Costs Costs EUP EUP 0 0