Question: Assume that Fields uses the FIFO method of process costing. Calculate the number of units started and completed this period for the Forming department. Calculate

Assume that Fields uses the FIFO method of process costing.
Calculate the number of units started and completed this period for the Forming department.
Calculate the equivalent units of production for both direct materials and conversion for the Forming department.
Calculate the costs per equivalent unit of production for both direct materials and conversion for the Forming department.

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