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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 of

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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 of Stone Incorporated reports the following for April Conversion Direct Pateeials Percent Complete 65% Percent complete 35% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process Inventory Units 76,000 402,000 380,000 98,000 85% 35% Exercise 16-9 (Algo) Weighted average: Cost per equivalent unit; costs assigned to output and inventory LO P1 5 226.00 The production department had the cost information below. Beginning work in process Inventory Direct materials $ 110,444 Conversion 45.559 Costs added this period Direct materials 1.278,951 Conversion Yotal costs to account for $3,150,140 a. Compute cost per equivalent unit for both direct materials and conversion (Round "Cost per EUP" to 2 decimal places.) b. Using the weighted average method, assion 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.) o. Compute cost per equivalent unit for both direct materials and conversion (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 next department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) Required a Cost per equivalent unit of production: Weighted average method Direct Materials Conversion Costs EUP Costs EUP 0 EUP Cost per EUP Total cost Total costs - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Required b. Cost assignment--Weighted average Completed and transferred out Direct materials Conversion Total costs completed and transferred out Ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for EUP Total cost Cost per EUP $ 000s $ 000 000 0.00

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