Required Information Use the following information for the Exercises below. (Algo) [The following informotion opplies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Exerclse 16-9 (Algo) Weighted average: Cost per equlvalent unit; costs assigned to output and Inventory LOP1 The production department had the cost information below. a. Compute cost per equivalent unit for both direct materials and conversion. Note: Round "Cost per EUP" to 2 decimal places. b. Using the weighted overage method, sssign April's costs to the deportment's output-specifically, its units tronsferred to the next deportment ond its ending work in process inventory. Note: Round "Cost per EUP" to 2 decimal places