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Required Information The following information applies to the questions displayed below) The first production department of Stone Incorporated reports the following for April Direct Materi
Required Information The following information applies to the questions displayed below) The first production department of Stone Incorporated reports the following for April Direct Materi Canvrat Percent Peren Unit Complete Teginning work in process inventory 30.000 Units started this period 42,00 Complete and transferred out 420,000 Ending word in ESS entory 100,000 BOX 30% The production department had the cost information below 339.200 20.30 $365,30 Beginning work in process entry Direct materials Conversion costs added this period Direct materials Conversion total costs to account for 1.452.032 2013,300 2 132 52, 53, 770 a Compute cost per equivalent unit for both direct materials and conversion (Round "Cost per up to 2 decimal places) b. Using the weighted average method, assian Anis costs to the department's output-specific sunt transferred to the next department and its ending work in process inventory (Round "Cost per Up to 2 decimal places Wees Required Costs EUR Cos EUP 0 EUP Cost per EUP Total cost Total costs Equivalent of production Cost per equivalent of production rounded to 2 deci Required -We were Completed and wanted out Duect maten Conversion Total cost completed and me out Ending work in process Demi Conversion Total cost of anderig work in proce Total costs accounted for EUP Cost per EUP 0.005 0.00 Total cost 0.00 0.00 Direct ters Percent Complete Ben Conversion Perce Completa 203 Beginning work in process inventory Units started this period Completed and transferred out Ending work in proces entory 84,00 442,000 420,000 105.000 (a) Compute the number of units started and completed the period for the first production department, (b) Compute the number of equivalent units of production for both direct materials and conversion for the first production department for Aprit using the FIFO method Event of PIFO method Direct Me Conversion EUR Added Equivalent of production Flequired Equivalent units of production Cost pergantunkot production pounded in 2) Required b EU Bewer To complete beginning Direct Converen Cooper Telco EU Totalco Baned and com De Carvenom Casper 5 0.00 000 EUS Total cost Come and transfer Ending on Direct me Convention Cost EUR 000 0.00 Totalcom color
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