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 Conversion Percent Complete Beginning work in process inventory 34,500 50% 20% Units started this period 490,000 Completed and transferred out 494,500 Ending work in process inventory 30,000 85% 35% Production cost information for the forming department follows. Beginning work in process Direct materials $56,200 Conversion 22,900 $ 79,100 Costs added this period Direct materials 1,800,200 Conversion 1.179,000 3,929,200 Total costs to account for $3,058,303