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 Material Percent Complete Conversion ber Percent Complete 40% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 75,000 397,000 375,000 97,000 BOX 304 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 $ 180,260 48,036 $ 228, 296 Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 1,222,888 800,574 2,023,374 $ 2,251,670 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, 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 information 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, assign April's costs to the department's output-specifically, its units transforred 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 EUP Cost per EUP Total cost Total costs -Equivalent unit of production Cost per equivalent unit of production frounded to 2 decimals) Required b Cost assignment-Weighted average Completed and transferred out Direct materials Conversion Totat cous completed and transferred out Ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for EUP Cost per EUP Total cost