Question: Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] The first production department of

 Required information Use the following information for the Exercises below. (Static)[The following information applies to the questions displayed below.] The first production

Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Exercise 16-9 (Static) Weighted average: Cost per equivalent unit; costs assigned to output and inventory LO P1 The production department had the cost information below. . Compute cost per equivalent unit for both direct materials and conversion. (Round "Cost per EUP" to 2 decimal places.) . Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the nex department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.)

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