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1 0 bolnts 00:32:18 eBook Hint Print References Requires [The following information applies to the questions displayed below.] Fields Company has two manufacturing departments, forming
1 0 bolnts 00:32:18 eBook Hint Print References Requires [The following information applies to the questions displayed below.] Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method and it reports the following unit data for the Forming department. Units completed in the forming department are transferred to the painting department. Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Production cost Information for the forming department follows. Beginning work in process Direct materials Conversion Costs added this period Direct materials. Conversion Total costs to account for Units 35,000 530,000 535,000 30,000 $ 58,600 24,500 Completed and transferred out 1,908,400 1,244,540 Units Direct Materials Percent Complete 75% 908 Complete this question by entering your answers in the tabs below. Percent Complete. $ 83,100 3,152,940 $ 3,236,040 a. Calculate the equivalent units of production for both direct materials and conversion for the Forming department. b. Calculate the costs per equivalent unit of production for both direct materials and conversion for the Forming department. c. Using the weighted average method, assign costs to the forming department's output-specifically, its units transferred to painting and its ending work in process inventory. Required A Required B Required C Calculate the equivalent units of production for both direct materials and conversion for the forming department. Direct Materials EUP Conversion Percent Complete 258 40% Percent Complete Conversion EUP
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