Weighted average costs per equivalent unit are $2.10 for direct materials and $3.05 for conversion. There are no transferred-in costs and no spoilage. What is the cost of goods completed and transferred out if 27,000 units are completed and 2,700 units are in ending inventory? Cost of goods completed Beginning Work-in-Process is 3,550 units; 62,700 units completed, and ending Work-in-Process is 7,400 units, which are 100% complete for direct materials and 50% complete for conversion costs. The beginning WIP Inventory is 100% complete for direct materials and 50% complete for conversion. Required: 1. What are the equivalent units for materials and conversion using the weighted average method? 2. What are the equivalent units for materials and conversion using the FIFO method? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What are the equivalent units for materials and conversion using the weighted average method? Equivalent Units Direct materials Conversion Complete this question by entering your answers in the tabs below. Required 1 Required 2 What are the equivalent units for materials and conversion using the FIFO method? Equivalent Units Direct materials Conversion