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pls help very confused [The following information applies to the questions displayed below.) The first production department of Stone Incorporated reports the following for April.
pls help very confused
[The following information applies to the questions displayed below.) The first production department of Stone Incorporated reports the following for April. Direct Materials Conversion Percent Percent Unita Beginning work in process inventory Complete Complete 66,000 650 351 Units started this period 352,000 Completed and transferred out 330,000 Ending work in process inventory 88,000 808 301 The production department had the cost information below. $ 142,285 42.999 Beginning work in process inventory Direct natural Conversion Costs added this period Direct materiale Conversion Total costs to account for $ 105,214 918,795 223, 261 1,642,036 8.1.827,320 a. Compute cost per equivalent unit for both direct materials and conversion (Round "Cost per EUP" to 2 decimal places.) b. Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) The production department had the cost information below. Beginning work in process inventory Direct materials $ 142,285 Conversion 42.999 Costs added this period Direct materials 918,775 Conversion 723,261 Total costs to account for $ 185,284 1,642,036 $ 1,827,320 a. Compute cost per equivalent unit for both direct materials and conversion (Round "Cost per EUP" to 2 decimal places.) b. Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory (Round "Cost per EUP" to 2 decimal places.) MY I wou www. www b. Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory (Round "Cost per EUP" to 2 decimal places.) Direct Materials Conversion Costs EUP Costs EUP 0 0 Required a. Cost per equivalent unit of production: Weighted average method Costs of beginning inventory Costs incurred this period Total costs - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Required b. Cost assignment-Weighted average Completed and transferred out EUP Direct materials Conversion Total costs completed and transferred out Ending work in process EUP Direct materials Conversion Total cost of ending work in process Total costs accounted for Cost per EUP Total cost Total cost Cost per EUP $ 0.00 $ $ 0.00 0.00 0.00 Step by Step Solution
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