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	80,000	60%	40%
Units started this period	422,000
Completed and transferred out	400,000
Ending work in process inventory	102,000	90%	40%

The production department had the cost information below.

Beginning work in process inventory
Direct materials	$ 196,304
Conversion	68,624	$ 264,928
Costs added this period
Direct materials	1,451,226
Conversion	989,296	2,440,522
Total costs to account for		$ 2,705,450

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.

Required a.
Cost per equivalent unit of production: FIFO method		Direct Materials	Conversion
Equivalent units of production
Cost per equivalent unit of production (rounded to 2 decimals)
Required b.
Cost assignmentFIFO
Beginning work in process
To complete beginning work in process	EUP	Cost per EUP	Total cost
Direct materials
Conversion
Started and completed	EUP	Cost per EUP	Total cost
Direct materials
Conversion
Completed and transferred out
Ending work in process	EUP	Cost per EUP	Total cost
Direct materials
Conversion
Total costs accounted for

(a) Compute the number of units started and completed this period for the first production department. (b) Compute the number of equivalent units of production for both direct materials and conversion for the first production department for April using the FIFO method. (a) Compute the number of units started and completed this period for the first production department. (b) Compute the number of equivalent units of production for both direct materials and conversion for the first production department for April using the FIFO method