Question
Fields company has two manufacturing departments, forming and painting. The company uses the weigthed average method and it reports the following unit data for the
Fields company has two manufacturing departments, forming and painting. The company uses the weigthed 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.
1.Calculate the equivalent units of production for both direct materials and conversion for the forming department.
2.Calcualte the costs per equivalent unit of production for both direct materials and conversion for the forming department.
3.Using the weighted average method, assign costs to the forming departments outputspecifically its units transferred
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