Exercise 16-6 Welghted average: Cost per EUP and costs assigned to output LO C2 The Feids Company has two manufacturing departments, forming and painting. The company uses the beginning inventory cost of $82,100 consisted of $58,000 of direct material costs and $24,100 of conversion method of process costing. At the of the month, the forming department has unts n inventory, 70% corploto as to materials and 30% omplete as conversion costs. The During the month, the forming department started 520,000 units. At the end of the month, the forming department had 52.000 units in endrg nventory, 85% complete as to materals and 35% complete as to Cost information for the forming department is as follows Beginning work in process inventory conversion. Units completed in the forming department are transferred to the painting department S 82,100 Direct materials added during the month 1,942,930 Conversion added during the month 1,359,730 1. Calculate the equivalent units of production for the forming department Direct Materials 2. Calculate the costs per equivalent unit of production for the forming department. (Round your answer to 2 decimal places EUP EUP Direct Materials 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 of units transferred out EUP Cost per EUP Total cost Direct materials Total costs transferred out Costs of ending work in process EUP Cost per EUP Total cost 20 F2 F3 F4 FS F7