Required information (The following information applies to the questions displayed below) The first production department of Stone Incorporated reports the following for April Conversion Direct Materials Percent Complete 75% Percent Complete 25% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 63,000 337,000 315,000 85,000 BOX sex Compute the number of equivalent units of production for both direct materials and conversion for April using the welghted average method. Equivalent units of production: Weighted average method Direct Materials Units Percent EUP Complete Conversion Percent EUP Complete Total The production department had the cost information below $ 131,555 24,120 5 155,675 Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 825,945 707 955 1,533,900 $ 1,689,575 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 Cost per equivalent unit of production: Weighted average method Direct Materials Conversion Costs EUP Costs EUP EUP Cost per EUP Total cost 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 Total cost EUP Cost per EUP