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Check my work 3 Required information The following information applies to the questions displayed below The Fields Company has two manufacturing departments, forming and painting.
Check my work 3 Required information The following information applies to the questions displayed below The Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method or process costing At the beginning of the month, the forming department has 35,000 units in inventory, 60% complete as to materials and 40% complete as to conversion costs. The beginning inventory cost of $80100 consisted of 556,800 of direct materials costs and $23,300 of conversion costs. polnts During the month, the forming department started 500,000 unlts. At the end of the month, the forming department had 40,000 units in ending inventory, 90% complete as to materials and 40% complete as to conversion. Units completed in the forming department are transferred to the painting department Cost information for the forming department is as follows: Beginning work in process inventory Direct materials added during the nanth Conversion added during the month 1,828,250 1,192,888 Refereces Calculate the equivalent units of production for the forming department. Direct Materials 531000 511,000 2. Calculate the costs per equivalent unit of production for the forming department Direct Materials per EUP per EUP
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