Required information Use the following information for the Exercises below. (Algo) [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 Percent Complete Percent Beginning work in process inventory 66,000 65% Complete 35% Units started this period 352,000 Completed and transferred out 330,000 Ending work in process inventory 88,000 80% 30% Exercise 16-8 (Algo) Weighted average: Computing equivalent units of production LO P1 Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted averag- method. Equivalent units of production: Weighted average method Direct Materials Total Units Percent Complete Conversion EUP Percent Complete EUP Required information Use the following information for the Exercises below. (Algo) [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 Percent Complete Beginning work in process inventory 66,000 65% Percent Complete 35% Units started this period 352,000 Completed and transferred out 330,000 Ending work in process inventory 88,000 80% 30% Exercise 16-9 (Algo) Weighted average: Cost per equivalent unit; costs assigned to output and inventory LO P1 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 $142,285 42,999 $ 185,284 918,775 723,261 1,642,036 $ 1,827,320 a. Compute cost per equivalent unit for both direct materials and conversion. Required a Cost par equivalent unit of production: Weighted average method 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 Costs EUP Direct Materials EUP Cost per EUP Total cost Costs Conversion EUP 0 0 EUP Cost per EUP Total cost $ 0.00 $ 0.00 $ 0.00 0.00