Use the following information for the Exercises below. [The following information applies to the questions displayed below) During April, the first production department of a process manufacturing system completed its work on 375,000 units of a product and transferred them to the next department. Of these transferred units, 75,000 were in process in the production department at the beginning of April and 300,000 were started and completed in April. April's beginning inventory units were 60% complete with respect to materials and 40% complete with respect to conversion. At the end of April, 97,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion. The production department had $1.222.800 of direct materials and $800,574 of conversion costs charged to it during April. Also, its April beginning inventory of $228,296 consists of $180,260 of direct materials cost and $48,036 of conversion costs. 1. Compute the direct materials cost per equivalent unit for April (Round "Cost per EUP" to 2 decimal places.) 2. Compute the conversion cost per equivalent unit for April (Round "Cost per EUP" to 2 decimal places.) 3. 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.) Equivalent Units of Production (EUP)- Weighted Average Method Units % Materials EUP-Materials % Conversion EUP-Conversion Equivalent units of production Cost per Equivalent Unit of Production Materials Conversion Costs Costs EUP EUP Total costs - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total Costs to Account for: CUSL pel equivalen UHL UI PUUULUULI (1Uumeu LU 2 Uendis) Total Costs to Account for: Total costs to account for: Total costs accounted for Difference due to rounding cost/unit EUP Cost per EUP Total cost Required 3. Cost Assignment and Reconciliation Cost of units transferred out Direct materials Conversion Total costs transferred out Costs of ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for EUP Cost per EUP Total cost The following information applies to the questions displayed below.] The following partially completed process cost summary describes the July production activities of the Molding department at Ashad Company. Its production output is sent to the next department. All direct materials are added to products when processing begins. Beginning work in process inventory is 20% complete with respect to conversion Direct Conversion Equivalent units of Production Units transferred out Units of ending work in process Equivalent units of production Materials 36,500 EUP 4,800 EUP 40,500 EUP 36,500 EUP 2,400 EUP 38,900 EUP Costs per EUP Costs of beginning work in process Costs incurred this period Total costs Direct Materials $ 35.850 421,800 $ 457,650 Conversion 4,200 229,200 $ 233,400 Units in beginning work in process (all completed during July) Units started this period Units completed and transferred out Units in ending work in process 37.000 36,500 Prepare its process cost summary using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) Costs Charged to Production Total costs to account for Total costs accounted for "Difference due to rounding cost/unit Unit Reconciliation Units to account for Total units to account for Total units accounted for Total units accounted for Equivalent units of Production (EUP): Weighted Average Method Units % Materials EUP-Materials % Conversion EUP-Conversion Equivalent units of production Cost per EUP Materials Conversion Costs Costs EUP EUP EUP Cost per EUP Total cost Total costs -Equivalent units of production Cost per equivalent unit of production Lost Assignment and Reconciliation Dosts transferred out Direct materials Conversion Total transferred out Costs of ending work in process Direct materials Canvarsinn EUP Cost per EUP Total cost EUP Cost per FUP Total cost Cost Assignment and Reconciliation Costs transferred out Direct materials Conversion Total transferred out Costs of ending work in process Cost per EUP Total cost Direct materials Conversion Total ending work in process Total costs accounted for