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 61,000 Percent Complete 65% Percent Complete 35% Units started this period 327,000 Completed and transferred out 305,000 Ending work in process inventory 83,000 85% 35% Exercise 16-11A (Algo) FIFO: Costs assigned to output LO C2 The production department had the cost information below. Beginning work in process inventory Direct materials Conversion $ 122,032 41,708 $ 163,740 Prev 17 of 17 Nov 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 $ 122,032 41,708 $ 163,740 779,288 659,797 1,439,085 $ 1,602,825 (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.) ces w Required a. Cost per equivalent unit of production: FIFO method - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Required b. e here to search 100 Direct Materials Conversion S ANE