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[The following information applies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Compute the number of
[The following information applies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average method. The first production department of Stone Incorporated reports the following for April. The production department had the cost information below. 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.)
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