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 Beginning work in process inventory 81,000 Percent Complete 65% Percent Complete 358 Units started this period 427,000 Completed and transferred out 405,000 Ending work in process inventory 103,000 80% 30% Exercise 3-11A (Algo) FIFO: Costs assigned to output LO C2 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 $ 222,485 65,382 $ 287,867 2,437,248 1,434,675 1,002,573 $ 2,725,115 (a) Calculate the costs per equivalent unit of production for both direct materials and conversion for the department. (Round "Cost per EUP" to 2 decimal places.) (b) Assign costs to the department's output-specifically, to the units transferred out and to the units that remain in work in process at period-end. Use the FIFO method. (Round "Cost per EUP" to 2 decimal places.) Required a. Cost per equivalent unit of production: FIFO method Cost of beginning goods in process + Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Required b. Cost assignment-FIFO Beginning work in process Direct Materials Conversion $ 1,434,675 $ 1,002,573 0 0 $ 287,867 To complete beginning work in process EUP Cost per EUP Total cost Direct materials Conversion Started and completed Direct materials Conversion Completed and transferred out Ending work in process Direct materials Conversion Total costs accounted for EUP Cost per EUP $ Total cost 0.00 $ 0 0.00 0 Cost per EUP EUP $ Total cost 0.00 $ 0 0.00 0