Question: Use the following information for the Exercises below. Answer is not complete.Answer is not complete.Skip to question [ The following information applies to the questions
Use the following information for the Exercises below. Answer is not complete.Answer is not complete.Skip to questionThe following information applies to the questions displayed below.The first production department of Stone Incorporated reports the following for April. UnitsDirect MaterialsConversionPercent CompletePercent CompleteBeginning work in process inventoryUnits started this period Completed and transferred out Ending work in process inventoryExercise Algo Weighted average: Cost per equivalent unit; costs assigned to output and inventory LO PThe production department had the cost information below.Beginning work in process inventory Direct materials$ Conversion$ Costs added this period Direct materials ConversionTotal costs to account for $ Compute cost per equivalent unit for both direct materials and conversion.Note: Round "Cost per EUP" to decimal places.Using the weighted average method, assign Aprils costs to the departments outputspecifically, its units transferred to the next department and its ending work in process inventory.Note: Round "Cost per EUP" to decimal places.
The production department had the cost information below.
Beginning work in process inventory
Direct materials
Conversion
Costs added this period
Direct materials
Conversion
table$
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