Question: Please answer the following questions P1 Part 2 Pls format it in a similar way as well, Thank you Ill be sure to thumbs up
Please answer the following questions
P1


Part 2


Pls format it in a similar way as well, Thank you Ill be sure to thumbs up
! Required Information 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. Direct Materials Percent Complete 78% Conversion Percent complete 30% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 67,000 357,000 335,800 89, eee 85% 35% Exercise 3-9 (Algo) Weighted average: Cost per equivalent unit; costs assigned to output and inventory LO P1 The production department had the cost Information below. $ 148,455 37,299 $ 185,754 Beginning work in process inventory ire materials Conversion costs added this period Direct materials Conversion Total costs to account for 960,300 768,231 1,728,531 $ 1,914,285 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.) Exercise 3-9 (Algo) Weighted average: Cost per equivalent unit; costs assigned to output and inventory LO P1 The production department had the cost Information below. $ 148,455 37,299 $ 185, 754 Beginning work in process inventory Direct materials Conversion costs added this period Direct materials Conversion Total costs to account for 960,380 768,231 1,728,531 $ 1,914,285 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.) Required a. Cost per equivalent unit of production: Weighted average method Direct Materials Conversion Costs Costs EUP EUP 0 0 Total costs - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Required b. Cost assignment-Weighted average Completed and transferred out Direct materials EUP Cost per EUP Total cost Conversion EUP Total cost Total costs completed and transferred out Ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for Cost per EUP s 0.00 $ S 0.00 0.00 0.00 Required Information 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. Direct Materials Conversion Percent Units Complete Percent complete Beginning work in process inventory 77,000 78% 30% Units started this period 407,888 Completed and transferred out 385,000 Ending work in process inventory 99,000 98% 40% Exercise 3-9 (Algo) Weighted average: Cost per equivalent unit; costs assigned to output and inventory LO P1 The production department had the cost Information below. Beginning work in process inventory Direct materials $ 185, 086 Conversion 39,930 Costs added this period Direct materials 1,332,34 Conversion 915,420 Total costs to account for $ 225,016 2,247,454 $ 2,472,47 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.) Required a. Cost per equivalent unit of production: Weighted average method Direct Materials Conversion Total costs Costs Costs EUP EUP 0 0 EUP Cost per EUP Total cost - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Required b. Cost assignment-Weighted average Completed and transferred out Direct materials Conversion Total costs completed and transferred out Ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for EUP Total cost Cost per EUP S 0.00 $ 0.00 S 0.00 0.00 Prev 1 of 1 !!! Next here to search ar CLE 0 0
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