Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below) During April, the first production department of a process manufacturing system completed its work on 300,000 units of a product and transferred them to the next department of these transferred units, 60,000 were in process in the production department at the beginning of April and 240,000 were started and completed in April. April's beginning inventory units were 60% complete with respect to materials and 40% complete with respect to conversion. At the end of April, 82,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion Exercise 20-10A FIFO: Computing equivalent units of production LO C4 Prepare the number of equivalent units with respect to both materials and conversion costs in the production department for April using the FIFO method. Equivalent Units of Production - FIFO Units % Materials EUP-Materials % Conversion 240,000 100% 240,000 100% 82.000 80% 65,600 30% Units started and completed Units in ending work in process EUP-Conversion 240,000 24,600 Equivalent units of production 322,000 Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) During April, the first production department of a process manufacturing system completed its work on 300,000 units of a product and transferred them to the next department of these transferred units, 60,000 were in process in the production department at the beginning of April and 240,000 were started and completed in April. April's beginning inventory units were 60% complete with respect to materials and 40% complete with respect to conversion. At the end of April, 82,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion Exercise 20-11A FIFO: Costs assigned to output LO C4, P4 The production department had $850,368 of direct materials and $649,296 of conversion costs charged to it during April. Also, its beginning inventory of $167,066 consists of $118,472 of direct materials cost and $48,594 of conversion costs. 1. Compute the direct materials cost per equivalent unit for April. (Round "Cost per EUP" to 2 decimal places.) 2. Compute the conversion cost per equivalent unit for April (Round "Cost per EUP to 2 decimal places. 3. Using the FIFO method, assign April'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 1. and 2 Equivalent Units of Production (EUP)-FIFO Method Units % Materials EUP-Materials Conversion EUP.Conversion Equivalent units of production Cost per Equivalent Unit of Production Materials Conversion Costs Costs EUP 0 EUP Total costs -Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total Costs to Account for: 0 0 $ 0.00 Total costs to account for Total costs accounted for Difference due to rounding cost/unit s 0.00 Required 3. Assignment of Costs to Output of Department Cost of 60,000 units from beginning inventory Beginning Inventory EUP Cost per EUP Total cost $ 0.00 EUP Total cost Cost per EUP $ 0.00 $ $ 0.00 0.00 0.00 Materials to complete Conversion to complete Total costs to complete Total cost of 60,000 units in beginning inventory Cost of units started and completed this period Direct materials Conversion costo Total cost of 240,000 units started and completed Total cost of 300,000 units transferred out Costs of units in ending inventory Direct materials Conversion costs Total cost of 62,000 units in ending inventory Total costs assigned EUP Cost per EUP $ 0.00 $ $ 0.00 Total cost 0.00 0.00