Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of process costing. At the beginning of the month, the forming department has 32,000 units in inventory, 80% complete as to materials and 20% complete as to conversion costs. The beginning inventory cost of $74,100 consisted of $53,200 of direct materials costs and $20,900 of conversion costs. During the month, the forming department started 440,000 units. At the end of the month, the forming department had 40,000 units in ending inventory, 90% complete as to materials and 40% complete as to conversion. Units completed in the forming department are transferred to the painting department. Cost information for the forming department follows. $4 74,100 1,650,320 1,099, 100 Beginning work in process inventory Direct materials added during the month Conversion added during the month 1. Calculate the equivalent units of production for the forming department. 2 Calculate the costs per equivalent unit of production for the forming department. 3. Using the weighted-average method, assign costs to the forming department's outputspecificall units transferred to painting and its ending work in process inventory. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the equivalent units of production for the forming department. Direct Materials Conversion 16 Exercise i Check my costs. During the month, the forming department started 440,000 units. At the end of the month, the forming department had 40,000 units in ending inventory, 90% complete as to materials and 40% complete as to conversion. Units completed in the forming department are transferred to the painting department. Cost information for the forming department follows. 2$ Beginning work in process inventory Direct materials added during the month Conversion added during the month 74,100 1,650, 320 1,099,100 Calculate the equivalent units of production for the forming department. Calculate the costs per equivalent unit of production for the forming department. Using the weighted-average method, assign costs to the forming department's output-specifically, its transferred to painting and its ending work in process inventory. Complete this question by entering your answers in the tabs below. ces Required 1 Required 2 Required 3 Calculate the costs per equivalent unit of production for the forming department. (Round your answers to irect Materials per EUP onversion per EUP A https:/ewo Suba Save & Exit Help Saved rcise i Check my wor 1,650, 320 1,099, 100 5111. Direct materials added during the month Conversion added during the month 1. Calculate the equivalent units of production for the forming department. 2 Calculate the costs per equivalent unit of production for the forming department. 3. Using the weighted-average method, assign costs to the forming department's output-specifically, units transferred to painting and its ending work in process inventory. Complete this question by entering your answers in the tabs below. Required 3 Required 2 Required 1 Using the weighted-average method, assign costs to the forming department's output-specifically, its unit painting and its ending work in process inventory. Cost Assignment and Reconciliation Cost of units transferred out Total cost EUP Cost per EUP Direct materials Conversion Total costs transferred out Costs of ending work in process EUP Total cost Cost per EUP Direct materials 24 0.00 0.00 Conversion 0.00 0.00 Total cost of ending work in process Total costs assigned
