winkle corporation uses the fifo method in its process costing system

The Fields Company has manc is in inventory 65% complete as ing departments, forming and painting The company uses the method of process conting. At the beginning of the month the forming department has 40.000 maneras and complete as to conversion costs. The beginning inventory cost of $76300 consisted of $54,400 of direct material costs and $21700 of conversion During the month the forming department started 460.000 units. At the end of the month, the forming department had 50.000 units in ending inventory. 85% complete as to materials and 35% complete as to conversion completed in the forming department are transferred to the painting department Cost information for the forming department is as follows: Beginning work in process inventory $76,100 Direct materials added during the month $0.11.200 Conversion added during the month $136.700 Assume teids uses the O thod of process costing Calculeme n t units of production for the forming department 2 Cac h e Cost per equivalent of production for the forming department Round your answer to 2 decime places)