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 Percent Complete Conversion Percent Complete 25% 75% Units Beginning work in process inventory 34,000 Units started this period 480,000 Completed and transferred out 474,800 Ending work in process inventory 40,000 Production cost information for the forming department follows. BON 30% $ 55,600 22,500 $ 75, 100 Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 1,771,060 1.163.340 2.934,400 $ 3,012,500 Exercise 20-6 (Algo) Weighted average: Cost per EUP and costs assigned to output LO P1 o. 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 Complete 100% 474,000 80% 32.000 506,000 Conversion Percent EUP Complete 100% 474,000 30% 12,000 486 000 Completed and transferred out Ending work in process 474,000 40.000 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 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 Requireles 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) EUP Cost per equivalent unit of production per EUP EUP per EUP eck my work Required information Required A Required B Required Using the welghted average method, assign costs to the forming department's output-specifically, its units transferred to painting and its ending work in process inventory. EUP Cost per EUP Total cost ContAssiguen Completed and transferred out Direct materials Conversion Total Completa od transferred out Ending work in process Det materials Conversion EUP Total cost Cost per EUP $ 0.00 $ 0.00 0.00 0.00 Total costs accounted for