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 35,000 units in inventory, 60% complete as to materials and 40% complete as to conversion costs. The beginning inventory cost of $80,100 consisted of $56,800 of direct material costs and $23,300 of conversion cost. During the month, the forming department started 500,000 units. At the end of the month, the forming department had 50,000 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. Cost information for the forming department is as follows:

Cost information for the forming department is as follows:

Beginning work in process inventory	$	80,100
Direct materials added during the month		1,771,700
Conversion added during the month		1,213,950

1.	Calculate the equivalent units of production for the forming department.

Direct Materials	530,000
Conversion	505,000

Calculate the costs per equivalent unit of production for the forming department. (Round your answer to 2 decimal places.)

	EUP
Direct Material
Conversion

Using the weighted-average method, assign costs to the forming departments outputspecifically, its units transferred to painting and its ending work in process inventory. (Round your "costs per equivalent unit" to two decimal places and use the rounded answer in further computations.)

3. 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. (Round your "costs per equivalent unit" to two decimal places and use the rounded answer in further computations.) Cost Assignment and Reconciliation Cost per EUP Total cost EUP Cost of units transferred out Direct materials Conversion Total costs transferred out Cost per EUP Total cost EUP Costs of ending work in process 0 0.00 Direct materials 0 0.00 Conversion Total cost of ending work in process Total costs assigned