During April, the first production department of a process manufacturing system completed its work on 410,000 units of a product and transferred them to the next department. Of these transferred units, 82,000 were in process in the production department at the beginning of April and 328,000 were started and completed in April. April's beginning inventory units were 70% complete with respect to materials and 30% complete with respect to conversion. At the end of April, 104,000 additional units were in process in the production department and were 85% complete with respect to materials and 35% complete with respect to conversion. The production department had $1,512,630 of direct materials and $991,230 of conversion costs charged to it during April. Also, its beginning inventory of $242,340 consists of $206,850 of direct materials cost and $35,490 of conversion costs. 1. Compute the direct materials cost per equivalent unit for April. (Round "Cost per EUP" to 2 decimal places.) 2. Compute the conversion cost per equivalent unit for April. (Round "Cost per EUP" to 2 decimal places.) 3. Using the FIFO method, assign April's costs to the department's output-specifically, its units transferred to the next department and ts ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) Required 1. and 2. Equivalent Units of Production (EUP)- FIFO Method Units % Materials EUP- Materials % Conversion EUP-Conversion 100% 100% Units in ending work in process 104,000 85% 88,400 35% 36,400 Units % Materials EUP- Materials % Conversion EUP- Conversion 100% 100% Units in ending work in process 104,000 85% 88,400 35% 36,400 104,000 Equivalent units of production Cost per Equivalent Unit of Production Costs incurred this period Materials Conversion Total costs Costs Costs EUP 0 EUP 0 - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total Costs to Account for: 0 0 Direct materials - prior period Conversion costs - prior period Direct materials - current period Conversion costs - current period Total costs to account for: $ 0.00 Total costs accounted for Difference due to rounding cost/unit $ 0.00 Required 3. Assignment of Costs to Output of Department Conversion costs - current period $ 0.00 Total costs to account for: Total costs accounted for * Difference due to rounding cost/unit $ 0.00 Required 3. Assignment of Costs to Output of Department Cost of 82,000 units from beginning inventory Beginning inventory EUP Cost per EUP Total cost Materials to complete Conversion to complete Total costs to complete Total cost of 82,000 units in beginning inventory $ 0.00 Cost per Cost of units started and completed this period EUP Total cost EUP Direct materials 0.00 $ 0.00 A | A Conversion costs 0.00 0.00 Total cost of 328,000 units started and completed Total cost of 410,000 units transferred out Total cost of 82,000 units in beginning inventory $ 0.00 Cost of units started and completed this period EUP Cost per EUP Total cost Direct materials $ 0.00 $ 0.00 Conversion costs $ 0.00 0.00 Total cost of 328,000 units started and completed Total cost of 410,000 units transferred out Costs of units in ending inventory EUP Total cost Cost per EUP $ 0.00 Direct materials $ 0.00 Conversion costs $ 0.00 0.00 Total cost of 104,000 units in ending inventory Total costs assigned Victory Company uses weighted average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the first process. During November, the first process transferred 725,000 units of product to the second process. Additional information for the first process follows. At the end of November, work in process inventory consists of 198,000 units that are 40% complete with respect to conversion. Beginning work in process inventory had $239,980 of direct materials and $140,735 of conversion cost. The direct material cost added in November is $1,606,020, and the conversion cost added is $2,673,965. Beginning work in process consisted of 62,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion. Of the units completed, 62,000 were from beginning work in process and 663,000 units were started and completed during the period. 2. Compute both the direct material cost and the conversion cost per equivalent unit. Materials Conversion $ 59,775 Cost per equivalent unit of production Costs transferred out Costs of ending work in process Total costs - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Costs Costs EUP EUP 0 0