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Exercise 16-9 Weighted average: Costs assigned to output and inventories LO C2 The production department had $918,775 of direct materials and $723,261 of conversion costs

Exercise 16-9 Weighted average: Costs assigned to output and inventories LO C2 The production department had $918,775 of direct materials and $723,261 of conversion costs charged to it during April. Also, its beginning inventory of $185,284 consists of $142,285 of direct materials cost and $42,999 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.)

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