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 Percent Percent Units Complete Complete Beginning work in process inventory 37,000 809 284 Units started this period 540,000 Completed and transferred out 537,000 Ending work in process inventory 40,000 80% 305 Production cost information for the forming department follows. Beginning work in process Direct materials $ 59,200 Conversion 24,900 $ 84,100 Costs added this period Direct materials 1,949,370 Conversion 1,254, 270 3,203,640 Total costs to account for $ 3,287,740 Exercise 20-6 (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 Calculate the equivalent units of production for both direct materials and conversion for the forming department. Units Direct Materials Percent EUP Completo Conversion Percent EUP Complete Completed and transferred out Ending work in process Be Required > [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 a transferred to the painting department Direct Materials Conversion Percent Percent Units Complete Complete Beginning work in process inventory 37,000 899 20$ Units started this period 540,000 Completed and transferred out 537,888 Ending work in process inventory 40,000 884 30 Production cost information for the forming department follows. Beginning work in process Direct materials $ 59,200 Conversion 24,900 $ 84,100 Costs added this period Direct materials 1,949,370 Conversion 1,254, 270 3,283,640 Total costs to account for $ 3,287,740 ces Exercise 20-6 (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 paint and its ending work in process inventory. Complete this question by entering your answers in the tabs below. Required A Required B Required Calculate the costs per equivalent unit of production for both direct materials and conversion for the forming department. Direct Materials Conversion Costs of beginning work in process Costs added this period Total costs Equivalent units of production (from parta) Cost per equivalent unit of production EUP per EUP EUP per EUP Complete 20% 30% Units Complete Beginning work in process inventory 37,000 809 Units started this period 540,000 Completed and transferred out 537,000 Ending work in process inventory 40,000 804 Production cost information for the forming department follows. Beginning work in process Direct materials $ 59,200 Conversion 24 900 $ 84,100 Costs added this period Direct materials 1,949,370 Conversion 1,254,270 3,203,640 Total costs to account for $ 3,287,740 Exercise 20-6 (Algo) Weighted average: Cost per EUP and costs assigned to output LO P1 nt 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 pair and its ending work in process inventory. ences Complete this question by entering your answers in the tabs below. Required A Required B Required 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 EUP Completed and transferred out Cost per Total cost EUP Direct materials Conversion Total Completed and transferred out EUP Ending work in process Cost per EUP Total cost Direct materials Conversion Total costs accounted for Percent Complete 20% 30% Percent Units Complete Beginning work in process inventory 37,000 809 Units started this period 540,000 Completed and transferred out 537,000 Ending work in process inventory 40,000 80% Production cost information for the forming department follows. Beginning work in process Direct materials $ 59,200 Conversion 24,900 $ 84,100 Costs added this period Direct materials 1,949,370 Conversion 1, 254, 270 3,203,640 Total costs to account for $ 3,287,740 Exercise 20-7A (Algo) FIFO: Cost per EUP LO C2 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 Calculate the equivalent units of production for both direct materials and conversion for the Forming department Units Direct Materials Percent EUP Added Conversion Percent EUP Added Beginning work in process Started and completed Ending work in process Conversion Percent Complete 20 30% Direct Materials Percent Units Complete Beginning work in process inventory 37,000 80% Units started this period 540,000 Completed and transferred out 537,000 Ending work in process inventory 40,000 80% Production cost information for the forming department follows. Beginning work in process Direct materials $ 59,200 Conversion 24,900 Costs added this period $ 84,100 Direct materials 1,949,370 Conversion 1,254,270 3,203,640 Total costs to account for $ 3,287,740 Exercise 20-7A (Algo) FIFO: Cost per EUP LO C2 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 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.) Direct Materials Conversion Costs added this period - Equivalent units of production (from part b) EUP EUP Cost per equivalent unit of production per EUP por EUP