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 Units Beginning work in process inventory 61,000 Percent Complete 65% Percent Complete 35% Units started this period 327,000 Completed and transferred out 305,000 Ending work in process inventory 83,000 85% 35% Exercise 16-9 (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 Conversion Costs added this period Direct materials Conversion Total costs to account for $ 122,032 41,708 $ 163,740 779,288 659,797 1,439,085 $ 1,602,825
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 Units Beginning work in process inventory 61,000 Percent Complete 65% Percent Complete 35% Units started this period 327,000 Completed and transferred out 305,000 Ending work in process inventory 83,000 85% 35% Exercise 16-9 (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 Conversion Costs added this period Direct materials Conversion Total costs to account for $ 122,032 41,708 $ 163,740 779,288 659,797 1,439,085 $ 1,602,825
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
hal.0
![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
Units
Beginning work in process inventory
61,000
Percent
Complete
65%
Percent Complete
35%
Units started this period
327,000
Completed and transferred out
305,000
Ending work in process inventory
83,000
85%
35%
Exercise 16-9 (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
Conversion
Costs added this period
Direct materials
Conversion
Total costs to account for
$ 122,032
41,708
$ 163,740
779,288
659,797
1,439,085
$ 1,602,825](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F49f31460-7055-4398-87a1-224101caeed5%2F7eab20c0-c1d8-4b99-a000-b987d9c1fdd8%2Fth6uw1h_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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
Units
Beginning work in process inventory
61,000
Percent
Complete
65%
Percent Complete
35%
Units started this period
327,000
Completed and transferred out
305,000
Ending work in process inventory
83,000
85%
35%
Exercise 16-9 (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
Conversion
Costs added this period
Direct materials
Conversion
Total costs to account for
$ 122,032
41,708
$ 163,740
779,288
659,797
1,439,085
$ 1,602,825
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