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2137 Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method and it reports the following unit data

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2137 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. Units Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory 28,000 Direct Materials Percent Complete 608 Conversion Percent Complete 409 350,000 343,000 35,000 80% 40% 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 $ 47,800 17,300 $ 65,100 1,380,550 971,590 2,352,140 $2,417,240 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. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate the equivalent units of production for both direct materials and conversion for the forming department. Completed and transferred out Ending work in process Direct Materials Conversion Units Percent Complete EUP Percent Complete EUP Required A Required B > Required A Required B Required C Calculate the costs per equivalent unit of production for both direct materials and conversion for the forming department. Costs of beginning work in process Direct Materials Conversion Costs added this period Total costs + Equivalent units of production (from part a) Cost per equivalent unit of production EUP per EUP EUP per EUP < Required A Required C > Required A Required B Required 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. Cost Assignment Completed and transferred out EUP Cost per EUP Total cost Direct materials Conversion Total Completed and transferred out Ending work in process Direct materials Conversion Total costs accounted for EUP Cost per EUP Total cost $ 0.00 0.00 $ 0.00 0.00

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