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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
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. Units Beginning work in process inventory 84,000 Direct Materials Percent Complete 806 Conversion Percent Complete 20 Units started this period 442,000 Completed and transferred out 420,000 Ending work in process inventory 106,000 80% 30% 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 Conversion Costs added this period Direct materials Conversion Total costs to account for $ 339,208 26,430 $ 365,638 1,452,832 1,035,300 2,488,132 $ 2,853,770
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