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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
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 Direct Materials Conversion Percent Complete Percent Complete Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory 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.
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 outputspecifically its units
transferred to painting and its ending work in process inventory.
Required B
Calculate the costs per equivalent unit of production for both direct materials and conversion for the forming department.
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