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 75% Conversion Percent Complete 25% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 31,500 430,000 431,500 30,000 85% 35% Production cost information for the forming department follows. $ 52,600 20,500 $ 73,100 Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 1,615,450 1,088,920 2,704,370 $ 2,777,470 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. 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 costs per equivalent unit of production for both direct materials and conversion for the forming department. Direct Materials Conversion $ 20,500 Costs of beginning work in process Costs added this period $ 52,600 1,615,450 $ 1,668,050 458,500 EUP Total costs 20,500 440,950 EUP - Equivalent units of production (from part a) Cost per equivalent unit of production per EUP per EUP 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 Using the welghted 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 $ 0.00 0.00 Conversion $ 0.00 0.00 Total costs accounted for
