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. Exercise 16-11A (Algo) FIFO: Costs assigned to output LO C2 The production department had the cost information below. (a) Colculate the costs per equivolent unit of production for both direct materiats and corversion for the department. Note: Round "Cost per EUP" to 2 decimal places: (b) Assign costs to the department's output-specificaliy, to the units transferred out and to the units that remain in work in process at Period end Use the FIFO method. Note: Round "Cost per EUP" to 2 decimal places