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 809 Conversion Percent Complete 209 Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 27,000 339,000 326,000 40,000 85% Production cost Information for the forming department follows. $ 47,200 16,000 $ 63,200 Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 1,349,600 956, 400 2,306,000 $ 2, 369,200 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 number of units started and completed this period for the Forming department. Units started and completed 12 Required Information Use the following Information for the Exercises below. (Algo) (The following information applies to the questions displayed below.) Part 2 of 2 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. 1.47 points Direct Materials Percent Complete 80% Conversion Percent Complete 204 eBook Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 27,000 339,000 326,000 40,000 35% Hint Production cost information for the forming department follows. Print $ 47,200 16,000 $ 63,200 Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for References 1,349,600 956, 400 2,306,000 $ 2,369,200 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 c Calculate the equivalent units of production for both direct materials and conversion for the Forming department. Direct Materials Conversion 12 Required Information Use the following Information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Part 2 of 2 1.47 points 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 80% Conversion Percent Complete 20% eBook Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 27,000 339,000 326,000 40,000 354 Hint Production cost Information for the forming department follows. Print $ 47,200 16,000 $ 63,200 o Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for References 1,349,600 956, 400 2,306,000 $ 2, 369,200 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 materlals 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 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 per EUP per EUP