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/Percent Complete	Conversion/Percent Complete
Beginning work in process inventory	34,000	75%	25%
Units started this period	480,000
Completed and transferred out	474,000
Ending work in process inventory	40,000	80%	30%

Production cost information for the forming department follows.

Beginning work in process:
Direct Materials	$ 55,600
Conversion	22,500	$ 78,100
Costs added this period:
Direct Materials	1,771,060
Conversion	1,163,340	2,934,400
Total costs to account for:		$ 3,012,500

Assume that Fields uses the FIFO method of process costing.

1. Calculate the number of units started and completed this period for the Forming department.\
2. Calculate the equivalent units of production for both direct materials and conversion for the Forming department.
3. 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. Calculate the number of units started and completed this period for the Forming department. Complete this question by entering your answers in the tabs below. Calculate the equivalent units of production for both direct materials and conversion for the Forming Complete this question by entering your answers in the tabs below. Calculate the costs per equivalent unit of production for both direct materials and conversion for the Forming Note: Round your answers to 2 decimal places