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 Percent Percent Units Complete Complete Beginning work in process inventory 76,000 65% 35 Units started this period 402,000 Completed and transferred out 380,000 Ending work in process inventory 98,000 854 355 (a) Compute the number of units started and completed this period for the first production department Units 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. Equivalent units of production: FIFO method Units Direct Materials Percent Added EUP Conversion Percent EUP Added Equivalent units of production 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 Percent Percent Units Complete Complete Beginning work in process inventory 76,000 65% 35 Units started this period 402,000 Completed and transferred out 380,000 Ending work in process inventory 98,000 85 35 The production department had the cost information below. Beginning work in process inventory Direct materials $ 180,444 Conversion 45,559 $ 226,083 Costs added this period Direct materials 1,278,951 Conversion 845,186 2,124,137 Total costs to account for $ 2,350,140 (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 a Cost per equivalent unit of production: FIFO method Direct Materials Conversion - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Required b. Cost assignment--FIFO Beginning work in process To complete beginning work in process Direct materials Conversion EUP Cost per EUP Total cost EUP Started and completed Direct materials Cost per EUP Total cost Conversion The production department had the cost information below. Beginning work in process inventory Direct materials $ 180,444 Conversion 45,559 $ 226,003 Costs added this period Direct materials 1,278,951 Conversion 845, 186 2,124, 137 Total costs to account for $ 2,350, 140 (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 a Cost per equivalent unit of production: FIFO method Direct Materials Conversion - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Required b. Cost assignment-FIFO Beginning work in process To complete beginning work in process Direct materials EUP Cost per EUP Total cost Conversion EUP Cost per EUP Total cost Started and completed Direct materials Conversion EUP Cost per EUP Total cost Completed and transferred out Ending work in process Direct materials Conversion Total costs accounted for