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. Units Direct Materials Percent Complete Conversion Beginning work in process inventory 71,000 65% Percent Complete 35 Units started this period 377,000 Completed and transferred out 355,000 Ending work in process inventory 93,000 908 40% Exercise 16-11A (Algo) FIFO: Costs assigned to output LO C2 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 $ 165,239 42,407 $ 207,646 1,106,991 800,823 1,907,814 $ 2,115,460 (a) Calculate the costs per equivalent unit of production for both direct materials and conversion for the department. (Round "Cost per EUP" to 2 decimal places.) (b) Assign costs to the department's output-specifically, to the units transferred out and to the units that remain in work in process at period-end. Use the FIFO method. (Round "Cost Der EUP" to 2 decimal places.) < Prev 9 4. of 8 Next >