Required information

Use the following information for the Exercises below.

[The following information applies to the questions displayed below.] During April, the first production department of a process manufacturing system completed its work on 345,000 units of a product and transferred them to the next department. Of these transferred units, 69,000 were in process in the production department at the beginning of April and 276,000 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, 91,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion.

Exercise 03-9 Weighted average: Costs assigned to output and inventories LO C2

The production department had $960,890 of direct materials and $738,510 of conversion costs charged to it during April. Also, its April beginning inventory of $233,655 consists of $208,950 of direct materials cost and $24,705 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 weighted-average method, assign Aprils costs to the departments outputspecifically, its units transferred to the next department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.)

EUP- Materials 345,000 % Conversion 100% EUP- Conversion 345,000 Equivalent Units of Production (EUP)- Weighted Average Method % Units Materials Units completed and transferred out 345,000 100% Units in ending inventory 91,000 80% Equivalent units of production 436,000 Cost per Equivalent Unit of Production 72,800 30% 27,300 372,300 417,800 Materials Conversion Total costs Costs Costs EUP EUP - 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 Difference due to rounding cost/unit $ 0.00 Required 3. Cost Assignment and Reconciliation Cost of units transferred out EUP Cost per EUP Total cost Direct materials Conversion Total costs transferred out Costs of ending work in process EUP Total cost Cost per EUP $ 0.00 Direct materials $ 0.00 Conversion $ 0.00 0.00 Total cost of ending work in process Total costs accounted for