Required Information Use the following information for the Exercises below. (Algo) 1 [The following information applies to the questions displayed below. The first production department in a process manufacturing system reports the following unit data. Beginning work in process inventory 29.600 units Units started and completed 44,400 units Units completed and transferred out 74,000 units Ending work in process inventory 17,200 units Exercise 3-4 (Algo) Weighted average: Computing equivalent units LO P1 Prepare the production department's equivalent units of production for direct materials under each of the following three separate assumptions using the weighted average method for process costing Answer is not complete. Equivalent Units of Production (EUP)-Weighted Average Method 1. All direct materials are added to products when processing begins. Direct Materials Units Percent EUP Complete Completed and transferred out Ending work in process Total 9,500 100% 9,500 4,800 80% 3.840 14,300 13.340 2. Beginning inventory is 40% complete as to direct materials costs. Ending inventory is 70% complete as to direct materials costs. Total Direct Materials Units Percent Complete EUP 3 Beginning inventory is 60% complete as to direct materials costs. Ending inventory is 20% complete as to direct materials costs. Unite Direct Materials