Exercise 20-9 Weighted average: Costs assigned to output and inventories LOC2 During April, the production department of a process manufacturing system completed a number of a product and transferred them to finished goods. Of these transferred units, 70,000 were in process in the production department at the beginning of April and 280,000 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, 92,000 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 $954,848 of direct materials and $797,534 of conversion cost charged to it during April. Also, its beginning inventory of $217,066 consists of $158,472 of direct materials cost and $58,594 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 department's output. (Round "Cost per EUP" to 2 decimal places.) Equivalent Units of Production (EUP)- Weighted Average Method Units Materials EUP Materials Conversion EUP-Conversion Equivalent units of production Cost per Equivalent Unit of Production Materials Conversion Total costs Costs Costs EUP Equivalent units of production 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 Cost Assignment and Reconciliation