Required information [The following information applies to the questions displayed below.] During April, the first production department of a process manufacturing system completed its work on 340,000 units of a product and transferred them to the next department. Of these transferred units, 68,000 were in process in the production department at the beginning of April and 272,000 were started and completed in April. April's beginning inventory units were 75% complete with respect to materials and 25% complete with respect to conversion. At the end of April, 90,000 additional units were in process in the production department and were 90% complete with respect to materials and 40% complete with respect to conversion. The production department had $1,006,400 of direct materials and $728,770 of conversion costs charged to it during April. Also, its beginning inventory of $174,580 consists of $151,350 of direct materials cost and $23,230 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 Units of Production (EUP)- FIFO Method Units % Materials EUP-Materials % Conversion EUP- Conversion Fauivalent units of production Required information Required 1 and 2 Equivalent Units of Production (EUP-FIFO Method Units Materials EUP-Materials Conversion EUP. Conversion Equivalent unts of production Cost per Equivalent Unit of Production Materials Conversion Costs EUP costs - Equi t s of production Cost per equivalent of production rounded to 2 decimals) Total Costs to Account for Total costs accounted to fence de la rounding count Required 3. Assignment of Costs to Output of Department Cost of 68,000 units from beginning inventory Beginning inventory EUP Cost per EUP Total cost Materials to complete Conversion to complete Total costs to complete Total cost of 68,000 units in beginning inventory Cost per Cost of units started and completed this period EUP EUP Total cost Direct materials Conversion costs Total cost of 272,000 units started and completed Total cost of 340,000 units transferred out Costs of units in ending inventory EUP Cost per EUP Total cost Direct materials Conversion costs Total cost of 90,000 units in ending inventory Total costs assigned Proy Next >