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 Conversion Direct Materials Percent Complete 60% Percent Complete 40% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 70,000 372,000 350,000 92,800 85% 35% Exercise 3-9 (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 $ 358,320 Conversion 51716 Costs added this period $ 210,036 Prey 1 of 1 Next Exercise 3-9 (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 $ 158,320 Conversion 51716 Costs added this period Direct materials 1.062,050 Conversion 250,900 Total costs to account for $ 210,036 1,812,954 522,022,990 o. 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 Apoil'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 Total costs Costs Costs Prey 100 Next Required information Costs Costs EUP EUP 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 EUP Cost per EUP Total cost EUP Cost per EUP Total cost 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 Prev 1 of 1 HE Next