(Solved): how do you find the equivalent units of production and the cost per equivalent units of production. ...

Calculate EUP on your own paper to be used in next problem. Here is the format for that calculation: The production department had the cost information below. a. Compute cost per equivalent unit for both direct materials and conversion. (Round "Cost per EUP" to 2 decimal places.) b. Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) b. Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) The Company's department reports the following: They use the weighted-average process costing to account for its production costs. Conversion cost is added evenly throughout the process. During November, completed and transferred $\underline{80,000}$ units of product to finished goods. At the end of November, work in process inventory consists of $\underline{8,000}$ units that are $100\%$ with respect to direct materials iand $25\%$ complete with respect to conversion. Beginning work in process inventory had $\$\underline{58,000}$ of direct materials and $\$86,400$ of conversion cost. The direct material cost added in November is $\$712,000$ and the conversion cost added is $\$1,980,000$. c. Complete the entry to transfer cost to finished goods inventory. d. What is the ending WIP invenory amount (total)?