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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
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 weighted-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,
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