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Use the following information for the Exercises below. (Static)

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[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	60,000	60%	40%
Units started this period	322,000
Completed and transferred out	300,000
Ending work in process inventory	82,000	80%	30%

Exercise 16-9 (Static) 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	$ 118,472
Conversion	48,594	$ 167,066
Costs added this period
Direct materials	850,368
Conversion	649,296	1,499,664
Total costs to account for		$ 1,666,730

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 Aprils costs to the departments outputspecifically, its units transferred to the next department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.)

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