Required Information The following information applies to the questions displayed below! During April the frit production department of a process manufacturing system completed its work on 320,000 units of a product and transferred them to the next department of these Tansferred units. 64,000 were in process in the production department at the beginning of April and 256,000 were started and completed in April April's beginning Inventory units were 80% complete with respect to materials and 20%. complete with respect to conversion. At the end of April, 86.000 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 $868.426 of direct materials and $755,552 of conversion costs charged to it during April. Also, its beginning inventory of $148.647 consists of $133.979 of direct materials cost and $14.668 of conversion costs 1. Compute the direct materials cost per equivalent unit for April (Round "Cost per EUP to 2 decimal places.) 2. Compute the conversion cost per equivalent unit for April (Round "Cost per EUP" to 2 decimal places.) 3. Using the FIFO 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.) Required 1 and 2 Equivalent Unt of Production LEUPY FIFO Method Una MFUP. Mora Conversion EUP. Conversion 0 Equivalent units of production cost per Equat ant of Production Material Conversion Costa CUP Oslo TUP 0 Total costs Equivalent units of production Cost per equivalent of production rounded 2 domat) Total costs to Account for 0 $ 0.00 Tal costs to conto Total cost accounted for Diference due to rounding count S 0.00 Required: Antorcoats to Output of Department cost of 64.000 units from beginning Beginning inventory EUP ceal per EUP Totalcoat More Convern complete Total cost complet Total cost of 2.00 begy 0.00 EUP Cost per Total cost EUP . 0.00 Direct Oranco 0.000 0.00 0.00 The production department had $868,426 of direct materials and $755.552 of conversion costs charged to it during April. Also, its beginning inventory of $148,647 consists of $133,979 of direct materials cost and $14.668 of conversion costs 1. Compute the direct materials cost per equivalent unit for April (Round Cost per EUP to 2 decimal places) 2. Compute the conversion cost per equivalent unit for April (Round "Cost per EUP" to 2 decimal places.) 3. Using the FIFO 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) Required 1 and 2 Equa O Producbo (CUP) Filo Method Materials EUR Materiais EUR Conversion Com Conversion Equivalent units of production Coal por Equivalent unit of Prosuction Dass Cou EUP EUP Totalt Equivalent units of production Cost per equivalent unit of production rounded to 2 decimals) Total Conte to Account for 5 0.00 Total costs to count for Total cost accounted for Dorence due to pounding costit $ 0.00 Required 3. Assignment of cool to Output of Department Costal 64.000 units from beginning inventory tegning very EUP cont per EUP Total cost O DO EUP Materials to complete Conversion to complete Total costs to complete To al cost of 64.000 in beginning inventory Cost of units started and completed this period Direct mai Conversion costs Total cost of 256.000 units started and completed Total cost of 320,000 units trawered out Costs of unitsin ending inventory Dired me cost per EUP Total cost 5 0.005 0.00 3 0.00 0.00 EUP Cost per Totalcoat EUP 5 0.005 DO 5 0.00 0.00 Conversion costs Total cost of $6,000 unitsin ending inventory Total constige
