90 points eBook 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 Units Complete Percent Complete H Beginning work in process inventory Units started this period 84,000 80% 20% 442,000 Completed and transferred out 420,000 Ending work in process inventory 106,000 80% 30% Print Meferences Exercise 16-9 (Algo) Weighted average: Cost per equivalent unit; costs assigned to output and inventory LO P1 The production department had the cost information below. Beginning work in process inventory Direct materials Conversion Costs added this period. Direct materials: Conversion Total costs to account for $339,208 26,430 $365,638 1,452,832 1,035,300 2,488,132 $ 2,853,770 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