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Required information The following information applies to the questions displayed below) The Fields Company has two manufacturing departments, forming and painting. The company uses the

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Required information The following information applies to the questions displayed below) The Fields Company has two manufacturing departments, forming and painting. The company uses the welghted-average method of process costing. At the beginning of the month, the forming department has 27,000 units in inventory, 70% complete as to materials and 30% complete as to conversion costs. The beginning inventory cost of $56,100 consisted of $40,000 of direct materials costs and $16,100 of conversion costs. During the month, the forming department started 320,000 units. At the end of the month, the forming department had 35,000 units in ending inventory, 80% 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 is as follows: Beginning work in process inventory Direct materials added during the month Conversion added during the month $ 62,100 1,660,000 929,300 Assume that Fields uses the FIFO method of process costing 1. Calculate the equivalent units of production for the forming department Direct Materials 31 Next > MacBook Air 3 4 5 6 2

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