9.

Use the following information for the Exercises below. (Algo)

The first production department of Stone Incorporated reports the following for April.

	Units	Direct Materials	Conversion
		Percent Complete	Percent Complete
Beginning work in process inventory	79,000	80%	20%
Units started this period	417,000
Completed and transferred out	395,000
Ending work in process inventory	101,000	85%	35%

Exercise 20-8 (Algo) Weighted average: Computing equivalent units of production LO P1

Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average method.

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 Aprils costs to the departments outputspecifically, its units transferred to the next department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.)