Question
Seved Help Save & Exit Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed
Seved Help Save & Exit 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 Conversion Units Beginning work in process inventory Units started this period 68,000 Percent Complete 758 Percent Complete 25% 362,000 Completed and transferred out 340,000 Ending work in process inventory 90,000 901 40% 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 Conversion Costs added this period Direct materials Conversion Total costs to account for $ 151,350 23,230 $174,580 1,735,170 $ 1,909,750 1,006,400 728,770 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 EUP" to 2 decimal places.) Check m
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