o)-FIXED COPY Required information Use the following information for the Exercises below. The following information applies to the questions displayed below The 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 25,000 units in inventory complete as to materials and 40% complete as to conversion costs. The beginning inventory cost $44,800 of direct materials costs and $15,300 of conversion costs. of S60 During the month, the forming department started 300,000 units. At the end of the month, the forming department had 30,000 units in ending inventory, 80% the forming department are transferred to the painting department complete as to materials and 30% complete as to conversion. Units completed n Cost information for the forming department is as follows: Beginning work in process inventory Direct saterlais added during the month Convers lon added during the oth s 6e,10 1,231,200 896 700 Exercise 16-7A FIFO: Costs per EUP LO C4 C Prey 1217 Scare answer > o sear 8 5 signment (30)- FIXED COPY 12 Exercise 16-7A FIFO: Costs per EUP LO C4 Assume that Fields uses the FIFO method of process costing 1. Calculate the equivalent units of production for the forming department rt 2 of 2 Direct Materials Conversion 2. Calculate the costs per equivalent unit of production for the forming department. (Round your answers to 2 deci Direct Materials Conversion EUP per EUP C Prey 12 of 17 Score answer> Type here to search 5 6 7 8 WER