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

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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	79,000	80%	20%
Units started this period	417,000
Completed and transferred out	395,000
Ending work in process inventory	101,000	85%	35%

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	$ 250,325
Conversion	19,758	$ 270,083
Costs added this period
Direct materials	1,336,480
Conversion	970,047	2,306,527
Total costs to account for		$ 2,576,610

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.

Renuired a Assessment Tool iFrame Assessment Tool iFrame Cost per equivalent unit of production: Weighted average method