! 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. Direct Materials Percent Complete 70% Conversion Percent Units Complete 30% Beginning work in process inventory Units started this period 33,500 470,000 Completed and transferred out 468,500 Ending work in process inventory 35,000 90% 50% Production cost Information for the forming department follows. Beginning work in process Direct materials Conversion $ 55,000 22,100 $77,100 Costs added this period Direct materials Conversion 1,745,000 1,154,020 2,899,020 $ 2,976,120 Total costs to account for Assume that Fields uses the FIFO method of process costing. a. Calculate the number of units started and completed this period for the Forming department. b. Calculate the equivalent units of production for both direct materials and conversion for the Forming department. c. 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. Required A Required B Required C Calculate the number of units started and completed this period for the Forming department. Units started and completed 14 Roupired A Required B > Required A Required B Required C Calculate the equivalent units of production for both direct materials and conversion for the Forming department. Direct Materials Conversion Units EUP Percent Added Beginning work in process Started and completed Ending work in process Required C > Percent Added Required A EUP Required A Required B Required C Calculate the costs per equivalent unit of production for both direct materials and conversion for the Forming department. (Round your answers to 2 decimal places.) Direct Materials Conversion Costs added this period + Equivalent units of production (from part b) EUP EUP Cost per equivalent unit of production per EUP per EUP Required B Raudt