During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. 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 Elabor. 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 labor. The production department had $850,000 of direct materials and $650,000 of direct labor cost charged to it during April. Also, its beginning inventory included $118,840 of direct materials cost and $47,890 of direct labor. 1&2. Using the weighted average method, compute the direct materials cost and the direct labor cost per equivalent unit and assign April's costs to the department's output. (Round "Cost per EUP" to 2 decimal places.) its % Labor EUP-Labor 100% 30% EUP- Materials 300,000 65,600 365,600 Materials $ 118,472 % 850,368 X $ 968,840 365,600 $ 2.65 $ Equivalent units of production (EUP)- weighted average method % Units Materials Units to complete beginning goods in 300,000 100% process Units of ending goods in process 82,000 80% Equivalent units of production 382,000 Cost per equivalent unit of production Costs of beginning goods in process Costs incurred this period Total costs Costs - Equivalent units of production EUP Cost per equivalent unit of production (rounded to 2 decimals) Total costs to account for: Direct materials - prior period $ 118,472.00 Direct labor - prior period 48,594.00 Direct materials - current period 850,368.00 Direct labor - current period 649,296.00 Total costs to account for: 1,666,730.00 Total costs accounted for 1,666,730.00 Difference due to rounding cost/unit 0.00 Cost Assignment and Reconciliation 300,000 24,600 324,600 Labor 48,594 % 649,296 % 697 890 324,600 2.15 $ Costs EUP $ EUP Cost Assignment and Reconciliation Cost of units transferred out Direct materials Direct labor Total costs transferred out 300,000 300,000 Cost per EUP $ 2.65 $ 2.15 Total cost $795,000.00 6 45,000.00 1,440,000.00 EUP Total cost Costs of ending goods in process Direct materials 65,600 24,600 Cost per EUP $ 2.65 $ 2.15 173,840.00 52,890.00 Direct labor Total cost of ending goods in process 226,730.00 Total costs accounted for 1,666,730.00