{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T02:05:27-04:00", "answer_date": "2024-06-29 02:05:27", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4445186", "url": "\/study-help\/questions\/required-information-the-following-information-applies-to-the-questions-displayed-4445186", "question_creation_date_js": "2024-06-29T02:05:27-04:00", "question_creation_date": "Jun 29, 2024 02:05 AM", "meta_title": "[Solved] Required Information [The following Infor | SolutionInn", "meta_description": "Answer of - Required Information [The following Information applies to the questions displayed below] Fields Company has two manuf | SolutionInn", "meta_keywords": "required,information,applies,questions,displayed,below,fields,company,two,manufacturing,departments,forming", "question_title_h1": "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", "question_title": "Required Information [The following Information applies to the questions displayed below] Fields", "question_title_for_js_snippet": "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 Conversion Units Percent Complete Percent Complete Beginning work in process inventory 29, 030 25 Units started this period 380, 090 Completed and transferred out 379,606 Ending work in process inventory 30, 306 Production cost Information for the forming department follows Beginning work in process Direct materials $ 49, 603 Conversion 18,503 $ 68, 190 Costs added this period Direct materials 1,465, 840 Conversion 1, 813, 786 2,482, 620 Total costs to account for $ 2,550,728 Calculate the equivalent units of production for both direct materials and conversion for the Forming department Calculate the costs per equivalent unit of production for both direct materials and conversion for the Forming department 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 EUP Percent EUP Complete Complete Completed and transferred out Ending work in processRequired A Required B Required C 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 Equivalent units of production (from part a) EUP EUP Cost per equivalent unit of production per EUP per EUPRequired A Required B Required 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 Cost Assignment Completed and transferred out EUP Cost per EUP Total cost Direct materials Conversion Total Completed and transferred out Ending work in process EUP Cost per EUP Total cost Direct materials Conversion Total costs accounted for", "question_description": "
\"image\"image\"image<\/div><\/div><\/div><\/figure> 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 Conversion Units Percent Complete Percent Complete Beginning work in process inventory 29, 030 25% Units started this period 380, 090 Completed and transferred out 379,606 Ending work in process inventory 30, 306 Production cost Information for the forming department follows. Beginning work in process Direct materials $ 49, 603 Conversion 18,503 $ 68, 190 Costs added this period Direct materials 1,465, 840 Conversion 1, 813, 786 2,482, 620 Total costs to account for $ 2,550,728 . Calculate the equivalent units of production for both direct materials and conversion for the Forming department. . Calculate the costs per equivalent unit of production for both direct materials and conversion for the Forming department . 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 EUP Percent EUP Complete Complete Completed and transferred out Ending work in processRequired A Required B Required C 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 : Equivalent units of production (from part a) EUP EUP Cost per equivalent unit of production per EUP per EUPRequired A Required B Required 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. Cost Assignment Completed and transferred out EUP Cost per EUP Total cost Direct materials Conversion Total Completed and transferred out Ending work in process EUP Cost per EUP Total cost Direct materials Conversion Total costs accounted for", "transcribed_text": "", "related_book": { "title": "Principles Of Finance", "isbn": "979-8439388899", "edition": "1st Edition", "authors": "Julie Dahlquist, Rainford Knight", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/6290aa2348f9a_11251.jpg", "uri": "\/textbooks\/principles-of-finance-1st-edition-9798439388899", "see_more_uri": "" }, "free_related_book": { "isbn": "1402279671", "uri": "\/textbooks\/grubers-complete-gre-guide-2014-3rd-edition-9781402279676-9781402279690", "name": "Grubers Complete GRE Guide 2014", "edition": "3rd\u00a0Edition" }, "question_posted": "2024-06-29 02:05:27", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-13", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/uniform-0.5-x-0.75-m-steel-plate-abcd-plate-leans-against", "description": "A uniform 0.5 x 0.75-m steel plate ABCD has a mass of 40 kg and is attached to ball-and-socket joints at A and B. 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