Question: Required information Use the following information for the Exercises below. ( Algo ) [ The following information applies to the questions displayed below. ] Fields
Required information
Use the following information for the Exercises below. Algo
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.
Production cost information for the forming department follows.
Beginning work in process
Exercise Algo Weighted average: Cost per EUP and costs assigned to output LO P
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 outputspecifically, its units transferred to
painting and its ending work in process inventory.
Complete this question by entering your answers in the tabs below.
Using the weighted average method, assign costs to the forming department's outputspecifically, its units transferred to
painting and its ending work in process inventory.
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