Question: Help Save & Es Required information [The following information applies to the questions displayed below) Fields Company has two manufacturing departments, forming and painting. The

 Help Save & Es Required information [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. Conversion Percent Complete 356 Direct
Materials Percent Unita Beginning work in process inventory Complete 27,000 651 Units
started this period 360,000 Completed and transferred out 352,000 Ending work in

Help Save & Es Required information [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. Conversion Percent Complete 356 Direct Materials Percent Unita Beginning work in process inventory Complete 27,000 651 Units started this period 360,000 Completed and transferred out 352,000 Ending work in process inventory 35,000 809 Production cost information for the forming department follows. 400 $ 48,400 12.700 $ 66,100 Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costo to account for 1, 410,800 985, 140 2,395,940 $ 2,462,040 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 department's output-specifically, its units transferred to painting and its ending work in process inventory for the Forming department. method, assign costs to the forming department's output-specifically, 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 Calculate the equivalent units of production for both direct materials and conversion for the forming department. Direct Materials Conversion Units Percent EUP Complete Complete Completed and transferred out Ending work in process EUP Percent Roured Required B > yu Calculate the costs per equivalent unit of production for both direct materials and conversion for the forming department. Direct Materials Conversion Costs of beginning work in process Costs added this period Total costs Equivalent units of production (from parta) Cost per equivalent unit of production EUP per EUP EUP per EUP 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. 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 Conversion Total costs accounted for Departem Complete this question by entering your answers in the tabs below. Required A Required B Required Calculate the costs per equivalent unit of production for both direct materials and conversion for the Forming department (Round your answers to 2 decimal places.) Direct Materials Conversion Costs added this period Equivalent units of production (from part b) EUP EUP Cost per equivalent unit of production per EUP per EUP

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