Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] During April, the first production department of a process manufacturing system completed its work on 300,000 units of a product and transferred them to the next department. Of these transferred units, 60,000 were in process in the production department at the beginning of April and 240,000 were started and completed in April. April's beginning inventory units were 60% complete with respect to materials and 40% complete with respect to conversion. At the end of April, 82,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion. Exercise 03-8 Weighted average: Computing equivalent units of production LO C2 Compute the number of equivalent units with respect to both materials used and conversion used in the first production department for April using the weighted-average method. Equivalent Units of Production - Weighted Average Units % Materials EUP- Materials % EUP- Conversion Conversion Beginning work in process inventory - units 60,000 40% Units started this period 240,000 100% 24,000 240,000 60% 1,000% 36,000 240,000 Total 300,000 264,000 276,000 *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted.