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 Percent Units Complete Percent Complete Beginning work in process inventory 82,080 70% 30% Units started this period 432,980 Completed and transferred out 410,980 Ending work in process inventory 104,980 85% 352 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 $ 206, 850 Conversion 35, 490 $ 242, 340 Costs added this period Direct materials 1, 512, 630 Conversion 991, 230 2,503, 860 Total costs to account for $ 2,746, 208 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 nextRequired a. Cost per equivalent unit of production: Weighted average method Direct Materials Conversion Costs of beginning inventory 206.850 35.490 Costs incurred this period 1.512.630 DEZ 186 Total costs Costs S 1.719.480 Costs 3 1,026.720 = Equivalent units of production EUP 1.305.780 EUP 955.740 Cost per equivalent unit of production (rounded to 2 decimals) 1.32 1.07 Required b. Cost assignment-Weighted average Completed and transferred out EUP Cost per EUP Total cost Direct materials 13,057.802 S 1.32 Conversion 13,057,802 Total costs completed and transferred out Ending work in process EUP Cost per EUP Total cost Direct materials 1.32 S 0.00 Conversion 3 0.00 0.00 Total cost of ending work in process Total costs accounted for