Required information The following informailon applles to the questions disployed belowj The first peoduction department in a process manufacturing system reports the folawing unit data Prepare the production department's equivalent units of production for direct materiats under esch of the following three soparate assumptions using the weighted averoge method for process costing. 2. Beginning inventory is 40% complete as to dirett enaterlais cokts. Ending inventery is 70% complete as to direct maiteriale coste. i. tobolete as te direct materiais costs. Required information [The following information opplies 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. Production cost information for the forming department follows. a. Calculate the equivalent units of production for both direct materlals 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 output-specifically, its units transferred to painting and its ending work in process inventory. 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 department. Complete this question by entering your anwwers in the tabs below. Using the weighted average method, assign costs to the forming department's output-specincatly, its units transferred to painting and its ending work in process inventory. Required information [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. Production cost information for the forming department follows