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Required information Use the following Information for the Exerclses below. (Algo) [The following information applles to the questions displayed below.] The first production department of

image text in transcribed Required information Use the following Information for the Exerclses below. (Algo) [The following information applles to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Exerclse 3.9 (Algo) Welghted average: Cost per equlvalent unlt; costs assigned to output and Inventory LO P1 The productlon department had the cost information below. a. Compute cost per equlvalent unit for both direct materlals and conversion. Note: Round "Cost per EUP" to 2 decimal places. b. Using the welghted average method, assign April's costs to the department's output-speclfically, Its unlts transferred to the next department and its ending work in process Inventory. Note: Round "Cost per EUP" to 2 decimal places

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