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 79,000 Percent Complete 80% Percent Complete 20% Units started this period 417,000 Completed and transferred out 395,000 Ending work in process inventory 101,000 85% 35% 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 $ 250,325 19,758 $ 270,083 2,306,527 $2,576,610 1,336,480 970,047 (a) Calculate the costs per equivalent unit of production for both direct materials and conversion for the department. Note: 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. Note: Round "Cost per EUP" to 2 decimal places. Required a. Cost per equivalent unit of production: FIFO method Cost of beginning goods in process - 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 $ 250,325 $ 200,260 19,758 80 $ 1.25 $ 246.98 To complete beginning work in process EUP Cost per EUP Total cost Direct materials Conversion 395,000 395,000 3.30 2.30 1,303,500 908,500 2,212,000 Started and completed Direct materials Conversion EUP Cost per EUP Total cost 85,850 $ 35,550 3.30 $ 283,305 2.30 81,765 $ 365,070 Completed and transferred out Ending work in process EUP Direct materials Cost per EUP $ Total cost Conversion 3.30 2.30 $ 0 0 Total costs accounted for