[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.

	Units	Direct Materials	Conversion
		Percent Complete	Percent Complete
Beginning work in process inventory	28,000	60%	40%
Units started this period	350,000
Completed and transferred out	343,000
Ending work in process inventory	35,000	80%	40%

Production cost information for the forming department follows.

Beginning work in process
Direct materials	$ 47,800
Conversion	17,300	$ 65,100
Costs added this period
Direct materials	1,380,550
Conversion	971,590	2,352,140
Total costs to account for		$ 2,417,240

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 departments outputspecifically, its units transferred to painting and its ending work in process inventory.

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.

	Units	Direct Materials		Conversion
		Percent Complete	EUP	Percent Complete	EUP
Completed and transferred out	32,600
Ending work in process

Calculate the costs per equivalent unit of production for both direct materials and conversion for the forming department.

Using the weighted average method, assign costs to the forming departments outputspecifically, its units transferred to painting and its ending work in process inventory.

Cost Assignment
Completed and transferred out	EUP	Cost per EUP	Total cost
Direct materials
Conversion
Total Completed and transferred out
Ending work in process	EUP	Cost per EUP	Total cost
Direct materials		$0.00	0.00
Conversion		$0.00	0.00
Total costs accounted for

	Direct Materials		Conversion
Costs of beginning work in process
Costs added this period
Total costs
Equivalent units of production (from part a)		EUP		EUP
Cost per equivalent unit of production		per EUP		per EUP