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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

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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 Materials Percent Complete 809 Conversion Percent Complete 20% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 74,000 392,000 370,000 96,000 90 404 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 $ 200, 420 Conversion 18,532 costs added this period Direct materials 1,191,600 Conversion 818,688 Total costs to account for $ 218,952 2,010, 288 $ 2,229,240 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 EUPM to 2 decimal places.) Required information 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 a. Cost por equivalent unit of production: Weighted average method Direct Materials Conversion Costs Costs EUP EUP + EUP Cost per EUP Total cost Total costs + Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Required b. Cost assignment-Weighted average Completed and transferred out Direct materiais Conversion Total costs 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

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