Required information

Problem $3-1$A $($Static$)$ Weighted average: Cost per equivalent unit; costs assigned to products LO P$1$

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Victory Company uses weighted average process costing. The company has two production processes. Conversion cost

is added evenly throughout each process. Direct materials are added at the beginning of the first process. Additional

information for the first process follows.

Problem $3-1$A $($Static$)$ Part $2$

Compute cost per equivalent unit of production for both direct materials and conversion.