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Required Information Use the following information for the Exercises below. (Algo) [The following informotion opplies to the questions disployed below.] Fields Compony has two monufacturing
Required Information Use the following information for the Exercises below. (Algo) [The following informotion opplies to the questions disployed below.] Fields Compony has two monufacturing departments, forming and pointing. The compony 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 peinting deportment Production cost information for the forming department follows. Exerclse 16-7A (Algo) FIFO: Cost per EUP LO C2 Assume that Fields uses the FIFO method of process costing. a. Colculate the number of units sterted ond completed this period for the Forming deportment.l b. Calculate the equivalent units of production for both direct materials and conversion for the Forming deportment. 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
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