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 26,000 Units started this period 327,000 Completed and transferred out 313,000 Ending work in process inventory 40,000 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 Required A Required B Required C $ 46,600 16,500 Completed and transferred out Ending work in process 1,333,400 939,000 Units 313,000 40,000 Complete this question by entering your answers in the tabs below. Direct Materials Conversion Exercise 3-6 (Algo) Weighted 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 painting and its ending work in process inventory. Percent Complete 75% Percent Complete < Required A 0% 80% Calculate the equivalent units of production for both direct materials and conversion for the forming department. Direct Materials $ 63,100 2,272,400 $ 2,335,500 EUP Percent Complete 25% 30% Percent Complete Required B > Conversion EUP 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. Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for Units Beginning work in process inventory 26,000 Units started this period 327,000 Completed and transferred out 313,000 Ending work in process inventory 40,000 Production cost information for the forming department follows. Required A Required B Required C $ 46,600 16,500 1,333,400 Costs of beginning work in process Costs added this period Total costs Equivalent units of production (from part a) Cost per equivalent unit of production Direct Materials Percent Complete 75% Complete this question by entering your answers in the tabs below. 80% Exercise 3-6 (Algo) Weighted 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 painting and its ending work in process inventory. < Required A $ 63,100 939,000 2,272,400 $ 2,335,500 EUP per EUP Calculate the costs per equivalent unit of production for both direct materials and conversion for the forming department. Direct Materials Conversion Percent Complete 25% 30% Conversion Required C > EUP per EUP 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. Beginning work in process inventory Units started this period Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for Completed and transferred out. Ending work in process inventory Production cost information for the forming department follows. Units 26,000 327,000 313,000 40,000 Cost Assignment Completed and transferred out Direct materials Conversion Total Completed and transferred out $ 46,600 16,500 Ending work in process Direct materials Conversion 1,333,400 939,000 Total costs accounted for Direct Materials Percent Complete 75% Exercise 3-6 (Algo) Weighted 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. EUP b. Calculate the costs per equivalent unit of production for both direct materials and conversion for the Forming department. Complete this question by entering your answers in the tabs below. EUP 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. $ 63,100 80% 2,272,400 $ 2,335,500 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. < Required B Conversion Percent Complete 25% Cost per EUP 30% Cost per EUP $ 0.00 $ 0.00 Required C > Total cost Total cost 0.00 0.00