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Required information Use the following information for the Exercises below. ( Algo ) Skip to question [ The following information applies to the questions displayed

Required information
Use the following information for the Exercises below. (Algo)
Skip to question
[The following information applies to the questions displayed below.]
The first production department of Stone Incorporated reports the following for April.
Units Direct Materials Conversion
Percent Complete Percent Complete
Beginning work in process inventory 77,00070%30%
Units started this period 407,000
Completed and transferred out 385,000
Ending work in process inventory 99,00090%40%
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 $ 185,086
Conversion 39,930 $ 225,016
Costs added this period
Direct materials 1,332,034
Conversion 915,4202,247,454
Total costs to account for $ 2,472,470
Compute cost per equivalent unit for both direct materials and conversion.
Note: Round "Cost per EUP" to 2 decimal places.
Using the weighted average method, assign Aprils costs to the departments outputspecifically, its units transferred to the next department and its ending work in process inventory.
Note: Round "Cost per EUP" to 2 decimal places.
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