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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

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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 a transferred to the painting department. Direct Materials Conversion Percent Percent UnLLS Complete Complete Beginning work in process inventory 30, 900 65% 35% Units started this period 306, 080 Completed and transferred out 295 , 060 Ending work in process inventory 35, 060 90% 20% Production cost Information for the forming department follows. Beginning work in process Direct materials $ 45, 606 Conversion 16, 606 $ 61 , 060 Costs added this period Direct materials 1, 261,060 Conversion 298, 606 2, 151, 600 Total costs to account for $ 2, 212, 600 Exercise 20-6 (Algo) Welghted average: Cost per EUP and costs assigned to output LO P1 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 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. Direct Materials Conversion Units Percent Complete EUP Percent Complete EUP Completed and transferred out 285,000 10% ROFL

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