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. Direct Materials Conversion Units Percent Complete Beginning work in process inventory 31,500 75% Percent Complete 25% Units started this period Completed and transferred out 430,000 431,500 Ending work in process inventory 30,000 85% 35% 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 $ 52,600 20,500 $ 73,100 1,615,450 1,088,920 2,704,370 $ 2,777,470 Exercise (Algo) per Assume that Fields uses the FIFO method of process costing. a. Calculate the number of units started and completed this period for the Forming department. b. Calculate the equivalent units of production for both direct materials and conversion for the Forming department. c. Calculate the costs per equivalent unit of production for both direct materials and conversion for the Forming department. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate the number of units started and completed this period for the Forming department. Units started and completed Required A Required B Required A Required B Required C Calculate the equivalent units of production for both direct materials and conversion for the Forming o Beginning work in process Started and completed Ending work in process Direct Materials Conversion Units Percent Percent EUP EUP Added Added Required A Required A Required B Required C Calculate the costs per equivalent unit of production for both direct materials and conversion for the Forming department. (Round your answers to 2 decimal places.) Costs added this period + Equivalent units of production (from part b) Cost per equivalent unit of production Direct Materials Required R Conversion EUP EUP per EUP per EUP