During April, the first production department of a process manufacturing system completed its work on 300,000 units of a product and transferred them to the next department of these transferred units, 60,000 were in process in the production department at the beginning of April and 240,000 were started and completed in April. April's beginning inventory units were 60% complete with respect to materials and 40% complete with respect to conversion At the end of April 82.000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion Compute the number of equivalent units with respect to both materials used and conversion used in the first production department for April using the weighted average method Conversion EUP -Conversion Equivalent Units of Production - Weighted Average Unito Materials EUP.-Materials Units completed and transferred out 300 000 Units of ending work in process inventory units Total The production department had $850,368 of direct materials and $649,296 of conversion costs charged to it during April. Also, its April beginning inventory of $167066 consists of $118,472 of direct materials cost and $48.594 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 weighted average method, assign Aprils 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.) * Materials EUP Materials Conversion EUP-Conversion Materials Conversion Required 1 and 2 Equivalent Units of Production (EUP-Weighted Average Method Units Units completed and transferred out 300,000 Unitsin ending inventory Equivalent units of production Cost per Equivalent Unit of Production Costs of beginning inventory Corts incurred this period Total costs - Equivalent units of production Cost per equivalent unit of production rounded to 2 decimals) Total Costs to Account for: Conversion - Prior period Conversion Current penod Doct materials. Prior period Posted materials Current period Costs EUP Costs EUP 0 Required information Conversion - Current penod Direct materials - Prior period Direct materials Current penod Total costs to account for Total costs accounted for Difference due to founding costunit $ 0.00 $ 0.00 EUP Cost per EUP Total cost cos Required 3. Cost Assignment and Reconciliation Cost of its transferred out Direct materials Conversion Total costs transferred out Costs of ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for EUP Cost per EUP 5 0.005 5 000 Total cost 000 0.00
