Check my work The first production department of Stone Incorporated reports the following for April Direct Materials Percent Complete 708 Conversion Percent Complete 304 Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 67,000 357,000 335,000 89,000 85% 354 The production department had the cost information below. Beginning work in process inventory Direct materials $ 148,455 Conversion 37,299 Costs added this period Direct materials 960,300 Conversion 768,231 Total costs to account for $ 185, 754 1.728,531 $ 1,914,285 (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 information $ 148,455 37,299 $ 185, 754 Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 960,300 768,231 1,728,531 $ 1,914,285 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 Conve Costs Costs EUP EUP Total costs - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Required b. Cost assignment--FIFO Beginning work in process To complete beginning work in process Total cost EUP Cost per EUP Required b. Cost assignment-FIFO Beginning work in process To complete beginning work in process EUP Cost per EUP Total cost Direct materials S 0.00 Conversion Total costs to complete Total cost of complete beginning work in process Started and completed Direct materials Conversion EUP Cost per EUP Total cost $ 0.00 $ 0.00 $ 0.00 0.00 Total cost of started and completed Completed and transferred out Ending work in process Direct materials EUP Cost per EUP Total cost $ 0.00 $ 0.00 Conversion costs $ 0.00 0.00 Total cost of ending inventory work in process Total costs accounted for Ger BE BU Dron 2 3 Next