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. Conversion Percent Complete 40% 355 Direct Materials Percent Units Beginning work in process inventory Complete 30,000 60% Units started this period 400,000 Completed and transferred out 390,000 Ending work in process inventory 40,000 85% Production cost information for the forming department follows Beginning work in process Direct materials 550,800 Conversion 19,309 Costs added this period $ 70,100 Direct materials 1,539,200 Conversion 1,047,260 2,586,460 Total costs to account for $ 2,656,560 Les Exercise 16-6 (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