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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

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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 Exercise 16-9 (Algo) Weighted average: Cost per equivalent unit; costs assigned to output and inventory LOP1 The production department had the cost information below. The production department had the cost information below. a. Compute cost per equivaient unit for both direct materials and conversion. Note: 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 Note: Round "Cost per EUP" to 2 decimal places. Required information

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