Sighted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct matecas are added at the beginning of the first process. Additional information for the first process follows. Fect terials Conversion Units percent Complete Parcent Beginning work in process inventory Units started this period 70,000 100% Complete 80% 895,000 Units completed and transferred out Ending work in process inventory 760,000 205,000 100% 80% Beginning work in process inventory Direct materials $564,525 Conversion Direct materials Conversion 115,500 $680,025 Costs added this period 3,777,975 2,194,500 Total costs to account for 5,972,475 $ 6,652,500 Required: 1. Compute equivalent units of production for both direct materials and conversion. Equivalent Units of Production (EUP)- Weighted Average Method Total units Direct Materials Units Percent Complete EUP Percent Complete Conversion EUP