References

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Required information

Use the following information for the Exercises below. $($Algo$)$

$[$The following information applies to the questions displayed below.$]$

The first production department of Stone Incorporated reports the following for April.

Exercise $3-9($Algo$)$ Weighted average: Cost per equivalent unit; costs assigned to output and inventory

LO P$1$

The production department had the cost information below.

a$.$ Compute cost per equivalent unit for both direct materials and conversion.

Note: 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.

Note: Round "Cost per EUP" to $2$ decimal places.