14 ! Required information Part 1 of 2 Use the following information for the Exercises below. [The following information applies to the questions displayed below. 1.42 points Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method of process costing. At the beginning of the month, the forming department has 30,000 units inventory, 65% complete as to materials and 35% complete as to conversion costs. The beginning inventory cost of $61,000 consisted of $45,000 of direct materials costs and $16,000 of conversion costs. eBook During the month, the forming department started 300,000 units. At the end of the month, the forming department had 35,000 units in ending inventory, 90% complete as to materials and 20% complete as to conversion. Units completed in the forming department are transferred to the painting department. Print Cost information for the forming department follows. References Beginning work in process inventory Direct materials added during the month Conversion added during the month $ 61,000 1,261,000 890,000 Exercise 20-6 Weighted average: Cost per EUP and costs assigned to output LO C2 1. Calculate the equivalent units of production for the forming department. 2. Calculate the costs per equivalent unit of production for the forming department. 3. 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. Exercise 20-6 Weighted average: Cost per EUP and costs assigned to output LO C2 1.42 points 1. Calculate the equivalent units of production for the forming department. 2. Calculate the costs per equivalent unit of production for the forming department. 3. 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. eBook Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 References Calculate the equivalent units of production for the forming department. Direct Materials Conversion -2 ints 1. Calculate the equivalent units of production for the forming department. 2. Calculate the costs per equivalent unit of production for the forming department. 3. 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. eBook Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 References Calculate the costs per equivalent unit of production for the forming department. (Round your answers to 2 decimal places.) Direct Materials Conversion per EUP per EUP 14 Exercise 20-6 Weighted average: Cost per EUP and costs assigned to output LO C2 Part 1 of 2 1. Calculate the equivalent units of production for the forming department. 2. Calculate the costs per equivalent unit of production for the forming department. 3. Using the weighted average method, assign costs to the forming department's output-specifically, its units transferred and its ending work in process inventory. 1.42 points Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 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. Print References Cost Assignment and Reconciliation Cost of units transferred out Direct materials EUP Cost per EUP Total cost Conversion Total costs transferred out Costs of ending work in process Direct materials Conversion EUP Total cost Cost per EUP $ $ 0.00 0.00 0.00 0.00 Total cost of ending work in process Total costs assigned