Required information The following information applies to the questions displayed below] ABC 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, 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 62,180 1,660,000 929.300 Calculate the equivalent units of production for the forming department. Direct Materials Conversion Calculate the costs per equivalent unit of production for the forming department ABC Company is an architectural firm that provides services for residential construction projects. The following data pertain to a recent reporting period. (Round activity rate answers to 2 decimal places.) Activities Design department Client consultation Drawines Modeling Project management department Supervision Billings Collections 1,300 contact hours 2,200 design hours 49,000 square feet $182,000 133, 100 31,85e 1,309 days 12 jobs 12 Jobs $195.000 3.600 26.689 1. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate Activity Expected Costs Expected Activity Driver Activity Rate Client consultation per contact hour Drawings per design hour Modeling 0 per square foot Supervision 0 per day o per job Billings/Collections 2. Assign costs to a 7,600 square footjob that requires 510 contact hours, 348 design hours, and 190 days to complete. Activity driver Activity rate- Overhead assigned incurred per contact hour per design hour Client consultation Drawings Modeling Supervision Billings/Collections