0 Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.) The first production department of Stone Incorporated reports the following for April Direct Materials Percent Complete 889 Conversion Percent Complete 201 Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 64,000 342,000 320,000 86,800 859 35$ Exercise 20-10A (Algo) FIFO: Computing equivalent units of production LO C2 (a) Compute the number of units started and completed this period for the first production department Units started and completed (b) Compute the number of equivalent units of production for both direct materials and conversion for the first production department for April using the FIFO method. Equivalent units of production: FIFO mothod Direct Materials Units Percent EUP Added Conversion Percent EUP Added Equivalent units of production Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below) The first production department of Stone Incorporated reports the following for April. Direct Materials Conversion Percent Percent Units Complete Complete Beginning work in process inventory 64,000 80 20 Units started this period 342,000 Completed and transferred out 320,000 Ending work in process inventory 86,000 854 35% Exercise 20-11A (Algo) FIFO: Costs assigned to output LO C2 inces The production department had the cost information below. Beginning work in process inventory Direct materials $ 133,979 Conversion 14,668 $ 148,647 Costs added this period Direct materials B6B, 426 Conversion 755,552 1,623,978 Total costs to account for $ 1,772,625 (a) Calculate the costs per equivalent unit of production for both direct materials and conversion for the department. (Round "Cost per EUP" to 2 decimal places.) (b) Assign costs to the department's output--specifically, to the units transferred out and to the units that remain in work in process at period-end. Use the FIFO method. (Round "Cost per EUP" to 2 decimal places.) Required a Cost per equivalent unit of production: FIFO method Direct Materials Conversion -Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) 0 Required b. Cost assignment--FIFO Beginning work in process To complete beginning work in process EUP Cost per EUP Total cost VACE Conversion 14.668 $ 148,647 Costs added this period Direct materials 868,426 Conversion 755,552 1,623,978 Total costs to account for $ 1,772,625 (a) Calculate the costs per equivalent unit of production for both direct materials and conversion for the department. (Round "Cost per EUP" to 2 decimal places.) (b) Assign costs to the department's output-specifically, to the units transferred out and to the units that remain in work in process at period-end. Use the FIFO method. (Round "Cost per EUP" to 2 decimal places.) Required a Cost per equivalent unit of production: FIFO method Direct Materials Conversion Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) 0 Required b. Cost assignment-FIFO Beginning work in process To complete beginning work in process Direct materials EUP Cost per EUP Total cost Conversion EUP Started and completed Direct materials Cost per EUP Total cost $ 0.00 $ 0.00 0 0 Conversion EUP Total cost Completed and transferred out Ending work in process Direct materials Conversion Cost per EUP $ 0.00 0.00 $ 0 0 Total costs accounted for