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 Conversion Unite Beginning work in process inventory 20,000 Complete 70% Percent Complete 30% hits started this period Completed and transferred out 370,000 358,000 Ending work in process inventory Production cost information for the forming department follows. 40.000 Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 49,000 18,100 67,100 1,440,600 997,100 2,437,700 $2,504,800 a. Calculate the equivalent units of production for both direct materials 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. 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 Percent Complete EUP Porcent Complete EUP Completed and transferred out 358,000 70% 250,600 30% 75,180 Ending work in process 40,000 85% 34,000 50% 17,000 284,600 92,180 Required A Required B > Complete this question by entering your answers in the tabs below. 1 Required A Required B Required C nces Calculate the costs per equivalent unit of production for both direct materials and conversion for the forming department. Direct Materials Conversion Costs of beginning work in process Costs added this period Total costs Cost per equivalent unit of production i $ 49,000 1,440,600 $ 18,100 997,100 $ 1,489,600 1,015,200 Equivalent units of production (from part a) 284,600 EUP 92,180 EUP $ 5.23 per EUP $ 11.01 per EUP < Required A Required C > Complete this question by entering your answers in the tabs below. int Required A Required B Required C ences 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. Cost Assignment Completed and transferred out Direct materials Conversion Total Completed and transferred out Ending work in process Direct materials Conversion EUP Cost per EUP Total cost 358,000 $ 5.23 358,000 $ 11.01 EUP Cost per EUP Total cost $ 5.23 0.00 $ 11.01 0.00 Total costs accounted for