Required Information Problem 16-2A Weighted average: Cost per equivalent unit costs assigned to products LO C2, C3 eBook: De eBook esobe acoountng or production activityd Victory Company uses weighted-average process costing to account for ts production costs Conversion cost is added eveny throughout the process. Direct materials are added at the beginning of the process. During Novembes, the company transferred 715,000 units of peoduct to finished goods At the end of November, the work In process Invenbory consists of szooo units that are 60% complete with respect to conversion Begining inventory had $296,400 of direct materials and $124,980 of coversion cost. The direct material cost added in work in process consisted of 74,000 unis that were 100% complete with respect to direct materias and B0% compete with respect to conversion. Ofthe unts conneted, 74,000 were from beginning work in process and 641,000 units were started and completed during the period S1983,600, and the conversion cost added is $2.374620 Beginning 3. 375 pomt 3. Corpule the drect matonal cost and th oonversion cost assi Cost per Total cost EUP EUP S 0.00