Required information Use the following information for the Exercises below. (Algo) [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. Units Direct Materials Percent Complete Beginning work in process inventory 27,000 65% Conversion Percent Complete 35% Units started this period Completed and transferred out 360,000 352,000 35,000 80% 40% Ending work in process inventory Production cost information for the forming department follows. Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $ 48,400 17,700 $ 66,100 1,410,800 985,140 2,395,940 $ 2,462,040 Exercise 16-6 (Algo) Weighted average: Cost per EUP and costs assigned to output LO P1 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 equivalent units of production for both direct materials and conversion for the forming department. Completed and transferred out Ending work in process Units Direct Materials Percent Complete Conversion Percent EUP EUP Complete transterred to the painting department. Direct Materials Conversion Percent Percent Units Complete Beginning work in process inventory Units started this period Completed and transferred out. Ending work in process inventory 27,000 65% Complete 35% 360,000 352,000 35,000 80% 40% 59:56 Production cost information for the forming department follows. Beginning work in process Direct materials Conversion k Costs added this period. Conversion Direct materials Total costs to account for $ 48,400 17,700 $ 66,100 1,410,800 985,140 2,395,940 $ 2,462,040 ences Exercise 16-6 (Algo) Weighted average: Cost per EUP and costs assigned to output LO P1 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 departn c. Using the weighted average method, assign costs to the forming department's output-specifically, its units transferre 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. Costs of beginning work in process Costs added this period Total costs Equivalent units of production (from part a) Cost per equivalent unit of production Direct Materials Conversion EUP per EUP EUP per EUP < Required A Required C > Required information PRODUCTION Cost monuion for une forming deparunent IUOWS. Beginning work in process Direct materials Conversion Costs added this period. Direct materials Conversion Total costs to account for $ 48,400 17,700 $ 66,100 1,410,800 985,140 2,395,940 $ 2,462,040 Exercise 16-6 (Algo) Weighted average: Cost per EUP and costs assigned to output LO P1 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 departmen c. Using the weighted average method, assign costs to the forming department's output-specifically, its units transferred 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 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 Direct materials Conversion Total Completed and transferred out Ending work in process Direct materials Conversion Total costs accounted for EUP Cost per EUP Total cost EUP Cost per EUP Total cost