6 Required information [The following information applies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Part 1 of 4 Direct Materials Percent Complete 65% Conversion Percent Complete 35% 8 02:14:41 Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 81,000 427,000 405,000 103,000 80% 30% Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average method. Equivalent units of production: Weighted average method Direct Materials Units Percent EUP Complete Conversion Percent EUP Complete Completed and transferred out Total 7 Required information [The following information applies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Part 2 of 4 Direct Materials Percent Complete 65% Conversion Percent Complete 35% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 81,000 427,000 405,000 103,000 02:14:19 80% 30% The production department had the cost information below. $ 222,485 65,382 $ 287,867 Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 1,434,675 1,002,573 2,437, 248 $ 2,725, 115 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.) Required a. Cost per equivalent unit of production: Weighted average method Direct Materials Conversion Total costs Costs Costs Required a. Cost per equivalent unit of production: Weighted average method Direct Materials Conversion Total costs Costs Costs EUP EUP - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Required b. Cost assignment-Weighted average Completed and transferred out EUP Cost per EUP Total cost Direct materials Conversion Total costs completed and transferred out Ending work in process EUP Cost per EUP Total cost Direct materials Conversion Total cost of ending work in process Total costs accounted for Required information 8 [The following information applies to the questions displayed below.) The first production department of Stone Incorporated reports the following for April. Part 3 of 4 Direct Materials Percent Complete 65% Conversion Percent Complete 35% 8 02:13:55 Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 81,000 427,000 405,000 103,000 80% 30% (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. Conversion Equivalent units of production: FIFO method Direct Materials Units Percent EUP Added Percent Added EUP Equivalent units of production 9 Required information (The following information applies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Part 4 of 4 Direct Materials Percent Complete 65% Conversion Percent Complete 35% 02:13:43 Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 81,000 427,000 405,000 103,000 80% 30% The production department had the cost information below. $ 222,485 65,382 $ 287,867 Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 1,434,675 1,002,573 2,437,248 $ 2,725, 115 (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 Total costs Costs Costs EUP EUP - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Required a. Cost per equivalent unit of production: FIFO method Direct Materials Conversion Costs Costs Total costs Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) EUP EUP Required b. Cost assignment-FIFO Beginning work in process To complete beginning work in process EUP Cost per EUP Total cost Direct materials Conversion Total costs to complete Total cost of complete beginning work in process Started and completed EUP Cost per EUP Total cost Direct materials Conversion Total cost of started and completed Completed and transferred out Ending work in process EUP Cost per EUP Total cost Direct materials Conversion costs Total cost of ending inventory work in process Total costs accounted for