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nces Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] Fields Company has
nces Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] 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. Direct Materials Conversion Units Beginning work in process inventory 25,000 Percent Complete Complete 60% Percent 40% Units started this period Completed and transferred out 300,000 295,000 Ending work in process inventory 30,000 80% 30% 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 $ 44,900 15,300 $ 60,100 1,231,200 896,700 2,127,900 $ 2,188,000 Exercise 16-7A (Static) FIFO: Cost per EUP LO C2 Assume that Fields uses the FIFO method of process costing. Calculate the number of unite etartar and completed thie narind for the Farminn denartment < Prev 85 of 7 Score.answer > Help
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