Question: Please answer all parts for positive feedback :) Required information [The following information applies to the questions displayed below.) The first production department of Stone

 Please answer all parts for positive feedback :) Required information [Thefollowing information applies to the questions displayed below.) The first production departmentof Stone Incorporated reports the following for April. Conversion Direct Materials PercentComplete 80% Percent Complete 20% Beginning work in process inventory Units started

Please answer all parts for positive feedback :)

Required information [The following information applies to the questions displayed below.) The first production department of Stone Incorporated reports the following for April. Conversion Direct Materials Percent Complete 80% Percent Complete 20% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 84,000 442,000 420,000 106,000 80% 30% (a) Compute the number of units started and completed this period for the first production department. Units started and completed (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. Equivalent units of production: FIFO method Direct Materials Units Percent Added Conversion Percent Added EUP EUP Equivalent units of production 0 The production department had the cost information below. $ 339,208 26,430 $365,638 Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 1,452,832 1,035,300 2,488,132 $ 2,853,770 (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 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) 0 Required b. Cost assignment-FIFO Beginning work in process To complete beginning work in process Direct materials EUP Cost per EUP Total cost Conversion Started and completed EUP Total cost Cost per EUP $ 0.00 $ 0 Direct materials Conversion 0.00 0 Completed and transferred out Ending work in process Direct materials EUP Total cost Cost per EUP $ 0.00 $ 0 Conversion 0.00 0 Total costs accounted for

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