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Accounting

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Required information [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 64,000 80% 20% Units started this period 342,000 Completed and transferred out 320,000 Ending work in process inventory 86,000 85% 35% Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted averag method. Equivalent units of production: Weighted average method Direct Materials Conversion Units Percent EUP Percent EUP Complete Complete Total

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