The 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 27,500 units in inventory, 60% complete as to materials and 40% complete as to conversion costs. The beginning inventory cost of $65,100 consisted of $47,800 of direct material costs and $17,300 of conversion cost.

During the month, the forming department started 350,000 units. At the end of the month, the forming department had 35,000 units in ending inventory, 90% complete as to materials and 40% complete as to conversion. Units completed in the forming department are transferred to the painting department.