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, 76,000 were in process in the production department at the beginning of April and 304,000 were started and completed in April. April's beginning inventory units were 65% complete with respect to materials and 35% complete with respect to conversion. At the end of April, 98,000 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 $1,278,951 of direct materials and $845,186 of conversion costs charged to it during April. Also, its beginning inventory of $226,003 consists of $180,444 of direct materials cost and $45,559 of conversion costs. Using the FIFO method, prepare the direct materials cost and the conversion cost per equivalent unit and assign April's costs to the departments output.

Equivalent Units of Production (EUP)- FIFO Method EUP- Conversion Units % Materials EUP- Materials % Conversion Equivalent units of production Cost per Equivalent Unit of Production Materials Conversion Total costs Costs Costs Equivalent units of production EUP EUP Cost per equivalent unit of production (rounded to 2 decimals) Total Costs to Account for: Total costs to account for: Total costs accounted for Difference due to rounding cost/unit Assignment of Costs to Output of Department Cost of 76,000 units from beginning inventory Beginning inventory Cost per EUP EUP Total cost Materials to complete Assignment of Costs to Output of Department Cost of 76,000 units from beginning inventory Beginning inventory Cost per EUP EUP Total cost Materials to complete Conversion to complete Total costs to complete Total cost of 76,000 units in beginning inventory Cost per EUP Cost of units started and completed this period EUP Total cost Direct materials Conversion costs Total cost of 304,000 units started and completed Total cost of 380,000 units transferred out Cost per EUP Costs of units in ending inventory EUP Total cost Direct materials Conversion costs Total cost of 98,000 units in ending inventory Total costs assigned