Required information Use the following information for the Exercises below. [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 of process costing. At the beginning of the month, the forming department has 34,500 units in inventory, 80% complete as to materials and 20% complete as to conversion costs. The beginning inventory cost of $79,100 consisted of $56,200 of direct materials costs and $22,900 of conversion costs. During the month, the forming department started 490,000 units. At the end of the month, the forming department had 30,000 units in ending inventory, 85% complete as to materials and 35% complete as to conversion. Units completed in the forming department are transferred to the painting department. Cost information for the forming department follows. Beginning work in process inventory Direct materials added during the month Conversion added during the month $ 79,100 1,800,200 1,179,000 Exercise 16-7A FIFO: Costs per EUP LO C4 Assume that Fields uses the FIFO method of process costing. 1. Calculate the equivalent units of production for the forming department. 2. Calculate the costs per equivalent unit of production for the forming department. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the equivalent units of production for the forming department. Direct Materials Conversion Use the following information for the Exercises below. (The following information applies to the questions displayed below.) During April, the first production department of a process manufacturing system completed its work on 315,000 units of a product and transferred them to the next department. Of these transferred units, 63,000 were in process in the production department at the beginning of April and 252,000 were started and completed in April. April's beginning inventory units were 75% complete with respect to materials and 25% complete with respect to conversion. At the end of April, 85,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion. Exercise 16-11A FIFO: Costs assigned to output LO C4, P4 The production department had $825,945 of direct materials and $707,955 of conversion costs charged to it during April. Also, its beginning inventory of $155,675 consists of $131,555 of direct materials cost and $24,120 of conversion costs. 1. Compute the direct materials cost per equivalent unit for April. (Round "Cost per EUP" to 2 decimal places.) 2. Compute the conversion cost per equivalent unit for April. (Round "Cost per EUP" to 2 decimal places.) 3. Using the FIFO method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) Required 1. and 2. Equivalent Units of Production (EUP)- FIFO Method Units % Materials EUP-Materials % Conversion EUP-Conversion 0 Equivalent units of production Cost per Equivalent Unit of Production Materials Conversion Costs Costs Total costs - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) EUP 0 EUP 0 0 0 Total Costs to Account for: $ 0.00 Total costs to account for: Total costs accounted for * Difference due to rounding cost/unit $ 0.00 Required 3. Assignment of Costs to Output of Department Cost of 63,000 units from beginning inventory Beginning inventory EUP Cost per EUP Total cost Materials to complete Conversion to complete Total costs to complete $ 0.00 Total cost of 63,000 units in beginning inventory Cost of units started and completed this period Direct materials EUP Cost per EUP Total cost $ 0.00 $ 0.00 Conversion costs $ 0.00 0.00 Total cost of 252,000 units started and completed Total cost of 315,000 units transferred out Costs of units in ending inventory Direct materials EUP Cost per Total cost EUP 0.00 $ 0.00 Conversion costs $ 0.00 0.00 Total cost of 85,000 units in ending inventory Total costs assigned