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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

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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 Aprit. Exercise 3-9 (Algo) Weighted average: Cost per equivalent unit; costs assigned to output and inventory LOP1 The production department had the cost information below. a. Compute cost per equivalent unit for both direct materials and conversion. Note: 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 nextdepartment and its ending work in process inventory. Note: Round "Cost per EUP" to 2 decimal places. Required a. Cost per equivalent unit of production: Weighted average method Costs incurred this period Costs of beginning inventory Total costs: Direct Materials Conversion \begin{tabular}{|rr|} \hline$ & 1,106,991 \\ \hline 5 & 165,239 \\ \hline & 1,272,230 \\ \hline \end{tabular} \begin{tabular}{|rr|} \hline 5 & 800,823 \\ \hline 5 & 42,407 \\ \hline & 843,230 \\ \hline \end{tabular} Required b. Cost assignment-Woighted average Completed and transterred out Direct materials Conversion Total costs completed and transferred out Ending work in process Direct materials Conversion

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