Required information [The following information applies to the questions displayed below.) The first production department of Stone Incorporated reports the following for April. Direct Materials Conversion Units Beginning work in process inventory 64,000 Percent Complete 80% Percent Complete 201 Units started this period 342,000 Completed and transferred out 320,000 Ending work in process inventory 06,000 856 358 The production department had the cost information below. Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $ 133,979 14,668 $ 148,647 868,426 755,552 1,623,978 $ 1,772,625 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.) Required a. Digest Materials Conversion Check my work 4 17 Required information 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 Direct materials Conversion Total costs completed and transferred out Ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for Direct Materials Conversion $ 133,979 14,668 868,426 755,552 Costs $ 1,002,405 Costs $ 770,220 EUP EUP 0 0 EUP Cost per EUP Total cost EUP Cost per EUP Total cost $ 0.00 $ 0.00 $ 0.00 0.00 Required information [The following information applies to the questions displayed below.) The first production department of Stone Incorporated reports the following for April. Direct Materials Conversion Unita Beginning work in process inventory 64,000 Percent Complete 80% Percent Complete 20% Units started this period 342,000 Completed and transferred out 320,000 Ending work in process inventory 86,000 85% 354 (a) Compute the number of units started and completed this period for the first production department. Unita started and completed (b) Compute the number of equivalent units of production for both direct materials and conversion for the first production department for April using the FIFO method. Check my work Required information. (b) Compute the number of equivalent units of production for both direct materials and conversion for the first production department for April using the FIFO method. Equivalent units of production Equivalent units of production: FIFO method Direct Materials Units Percent Added Conversion EUP Percent Added EUP Required information [The following information applies to the questions displayed below.) The first production department of Stone Incorporated reports the following for April. Direct Materials Unita Beginning work in process inventory 64,000 Percent Complete BON Conversion Percent Complete 201 Units started this period 342,000 Completed and transferred out 320,000 Ending work in process inventory 86,000 85 354 The production department had the cost information below. Beginning work in process inventory Direct naterials Conversion Costs added this period Direct materials Conversion Total costa to account for $133,979 14,668 $ 148,647 868,426 755,552 1,623,978 $ 1,772,625. (a) Calculate the costs per equivalent unit of production for both direct materials and conversion for the department. (Round "Cost per EUP" to 2 decimal places.) (b) Assign costs to the department's output-specifically, to the units transferred out and to the units that remain in work in process at period-end. Use the FIFO method. (Round "Cost per EUP" to 2 decimal places.) Required information Cost per equivalent unit of production: FIFO method Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Required b. Cost assignment-FIFO Beginning work in process Direct Materials Conversion To complete beginning work in process EUP Cost per EUP Total cost Direct materials Conversion Started and completed Direct materials Conversion Completed and transferred out Ending work in process Direct materials Conversion EUP Cost per EUP Total cost EUP Cost per EUP Total cost