Exercise 16-11A (Algo) FIFO: Costs assigned to output LO C2 The production department had the cost information below. (a) Calculate the costs per equivalent unit of production for both direct materials and conversion for the department. Note: Round "Cost per EUP" to 2 decimal places. (b) Assign costs to the department's output-specifically, to the units transferred out and to the units that remain in work in process at period-end. Use the FIFO method. Note: Round "Cost per EUP" to 2 decimal places. 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 Apri Exercise 16-11A (Algo) FIFO: Costs assigned to output LO C2 The production department had the cost information below. \begin{tabular}{|c|c|c|c|c|c|} \hline Required b. & & & & & \\ \hline Cost assignment-FIFO & & & & & \\ \hline Beginning work in process & & & & & \\ \hline To complete beginning work in process & EUP & & & & \\ \hline Direct materials & & & & & \\ \hline Conversion & & & & & \\ \hline Started and completed & EUP & & & & \\ \hline Direct materials & & $ & 0.00 & $ & 0 \\ \hline Conversion & & & 0.00 & & 0 \\ \hline Completed and transferred out & & & & & \\ \hline Ending work in process & EUP & & & & \\ \hline Direct materials & & $ & 0.00 & $ & 0 \\ \hline Conversion & & & 0.00 & & 0 \\ \hline Total costs accounted for & & & & & \\ \hline \end{tabular}