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 of process costing. At the beginning of the month, the forming department has 32,000 units in inventory, 65% complete as to materials and 35% complete as to conversion costs. The beginning inventory cost of $71,100 consisted of $51,400 of direct materials costs and $19,700 of conversion costs. During the month, the forming department started 410,000 units. At the end of the month, the forming department had 30,000 units in ending inventory, 90% 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 form og department follows. Beginning work in process inventory Direct materials added during the month Conversion added during the month $ 71,11 1,564,1 1,061,5 1. Calculate the equivalent units of production for the forming department 2. Calculate the costs per equivalent unit of production for the forming department. 3. 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. 1. Calculate the equivalent units of production for the forming department 2. Calculate the costs per equivalent unit of production for the forming department. 3. 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 1 Required 2 Required 3 Calculate the equivalent units of production for the forming department. Direct Materials Conversion . Direct Materials per EUP per EUP Conversion Ren Using the weighted average method, assign costs to the forming department's output-specifica painting and its ending work in process inventory. EUP Cost per EUP Total cost Cost Assignment and Reconciliation Cost of units transferred out Direct materials Conversion Total costs transferred out Costs of ending work in process Direct materials EUP Cost per EUP Total cost Conversion Total cost of ending work in process Total costs assigned Calculate e equivalent umLS UI Pruuuu Direct Materials Conversion CURCUIUL LIIC CUsus pe equivalent uit UI PI Direct Materials Conversion per EUP per EUP 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 of process costing. At the beginning of the month, the forming department has 32,000 units in inventory, 65% complete as to materials and 35% complete as to conversion costs. The beginning inventory cost of $71,100 consisted of $51,400 of direct materials costs and $19,700 of conversion costs. During the month, the forming department started 410,000 units. At the end of the month, the forming department had 30,000 units in ending inventory, 90% 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 form og department follows. Beginning work in process inventory Direct materials added during the month Conversion added during the month $ 71,11 1,564,1 1,061,5 1. Calculate the equivalent units of production for the forming department 2. Calculate the costs per equivalent unit of production for the forming department. 3. 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. 1. Calculate the equivalent units of production for the forming department 2. Calculate the costs per equivalent unit of production for the forming department. 3. 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 1 Required 2 Required 3 Calculate the equivalent units of production for the forming department. Direct Materials Conversion . Direct Materials per EUP per EUP Conversion Ren Using the weighted average method, assign costs to the forming department's output-specifica painting and its ending work in process inventory. EUP Cost per EUP Total cost Cost Assignment and Reconciliation Cost of units transferred out Direct materials Conversion Total costs transferred out Costs of ending work in process Direct materials EUP Cost per EUP Total cost Conversion Total cost of ending work in process Total costs assigned Calculate e equivalent umLS UI Pruuuu Direct Materials Conversion CURCUIUL LIIC CUsus pe equivalent uit UI PI Direct Materials Conversion per EUP per EUP
