Question: Required information Use the following information for the Exercises below. (Algo) (The following infomerion epples to the questions dsployed betiow) The first production department of
Required information Use the following information for the Exercises below. (Algo) (The following infomerion epples to the questions dsployed betiow) The first production department of Stone incorporated reports the following for Aprth Exercise 16-9 (Algo) Welghted overage: Cost per equivolent unit; costs ossigned to output and Inventory LOP1 The production department had the cost information below. a. Compute cost per equivalent unit for both direct materials and comventon. Note: Round "Cont per EUP" to 2 decimal places. b. Using the weighted average method, assign Aprirs costs to the deparments ourpuf-soecilicaly, its units transferred to the next department andits enaing work in process inventory. Note: Round "Cost per EUP" to 2 declmal ploces
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