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 320,000 units of a product and transferred them to the next department of these transferred 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 Units of Production (EUP)-Weighted Average Method Units % Materials Units completed and transferred out 320,000 100% Units in ending inventory 86,000 85% Equivalent units of production 406,000 Cost per Equivalent Unit of Production Costs of beginning inventory Costs incurred this period Total costs Costs Equivalent units of production EUP Cost per equivalent unit of production (rounded to 2 decimals) Total Costs to Account for: Direct materials - Prior period Conversion - Prior period Direct materials - Current period Conversion - Current period Total costs to account for $ 0.00 Total costs accounted for Difference due to rounding cost/unit $ 0.00 EUP-Materials % Converulon EUP Conversion 320,000 100% 320,000 73,100 35% 30,100 393,100 350,100 Materials Convernion $ 133,979 868,426 $ 1,002,405 Costs EUP + 0 EUP Cost per EUP Total cost Required 3. Cost Assignment and Reconciliation Cost of units transferred out Direct materials Conversion Total costs transferred out Costs of ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for EUP Cost per EUP Total cost $ 0.00 S 0.00 $ 0.00 0.00 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 320,000 units of a product and transferred them to the next department of these transferred 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 Units of Production (EUP)- FIFO Method Units % Materiais EUP-Materials % Conversion EUP. Conversion 0 Equivalent units of production Cost per Equivalent Unit of Production Materials Conversion Total costs Costs EUP Costs EUP 0 0 Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total Costs to Account for: 0 0 + Total costs to account for: $ 0,00 Total costs accounted for $ 0.00 Difference due to rounding costunit Required information Required 3. Assignment of Costs to Output of Department Cost of 64,000 units from beginning inventory Beginning inventory EUP Cost per EUP Total cost $ 0.00 EUP Cost per Total cost EUP $ 0.00 $ 0.00 $ 0.00 0.00 Materials to complete Conversion to complete Total costs to complete Total cost of 64,000 units in beginning inventory Cost of units started and completed this period Direct materials Conversion costs Total cost of 256.000 units started and completed Total cost of 320,000 units transferred out Costs of units in ending inventory Direct materials Conversion costs Total cost of 86,000 units in ending Inventory Cost per EUP Total cost EUP 0.00 $ $ 0.00 $ 0.00 0.00 Total costs assigned