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, 79,000 were in process in the pro duction department at the beginning of April and 316,000 were started and completed in April. April's beginning inventory units were 80% complete with respect to materials and 20% complete with respect to conversion. At the end of April, 101,000 additional units were in process in the production department and were 85% complete with respect to materials and 35% complete with respect to conversion.

Exercise 3-9 Weighted average: Costs assigned to output and inventories LO C2

The production department had $1,336,480 of direct materials and $970,047 of conversion costs charged to it during April. Also, its beginning inventory of $270,083 consists of $250,325 of direct materials cost and $19,758 of conversion costs. 1&2. Using the weighted-average method, compute the direct materials cost and the conversion cost per equivalent unit and assign April's costs to the departments output. (Round "Cost per EUP" to 2 decimal places.)

Equivalent Units of Production (EUP)- Weighted Average Method EUP Materials EUP- Conversion Units % Materials % Conversion nits completed and transferred out nits in ending inventory Equivalent units of production Cost per Equivalent Unit of Production Costs of beginning inventory Costs 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 - Current period Conversion - Prior period Materials Conversion Costs Costs EUP EUP irect materials Current period irect materials Prior period Total costs to account for: Total costs accounted for Difference due to rounding cost/unit 0.00 0.00 Cost Assignment and Reconciliation Cost of units transferred out EUP Cost per EUP Total cost 32,000 32,000 Direct materials Conversion Total costs transferred out Costs of ending work in proces:s EUP Cost per EUP Total cost Direct materials 0.00 S 0.00 Conversion 0.00 0.00 Total cost of ending work in process Total costs accounted for