Consider the following using Weighted average method: 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. Direct Materials Conversion Beginning work in process inventory Unit 25,000 Percent Complete Percent Complete 60% 40% Units started this period 300,000 Completed and transferred out 295,000 Ending work in process inventory 30,000 80% 30% Production cost information for the Forming department follows. Beginning work in process Direct materials Conversion Costs added this period Required: Direct materials Conversion Total costs to account for $ 44,800 15,300 $ 60,100 1,231,200 896,700 2,127,900 $2,188,000 1. Calculate the equivalent units of production for both direct materials and conversion for the Forming department. Use Weighted average method. Units Direct Materials Percent Complete Conversion EUP Percent Complete EUP Completed and transferred out....... ,000 100% ,000 100% ,000 Ending work in process ,000 % ,000 % ,000 .000 ,000