Question: 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
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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 compary 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 formine deoartment follows Exercise 16.6 (Algo) Weighted average: Cost per EUP and costs assigned to output LO P1 A. Calculate the equivalent units of production for both direct materals 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 wark in process inventory Exercise 16-6 (Algo) Weighted average: Cost per EUP and costs assigned to output LO P1 a. Calculate the equivaient units of production for both direct materials and conversian for the Forming department. b. Calculate the costs per equivalent unit of production for both direct materials and coriversion for the Forming department. c. Using the weighted average method, assign costs to the forming departinent's cutput--specifically, its units transferted to painting and its ending wosk in process inventory. Complete this quation by entering your answers in the tabs below. Exercise 16-6 (Algo) Weighted average: Cost per EUP and costs assigned to output LO P1 a. Calculate the equivalent units of production for both direct materials and conversion for the Forming departivent b. Calculate the costs per equivalent unit of production for both sirect materals and conversion for the forming departmert. c. Using the weighted average method, assign costs to the forming department's output-specitically, is units tansferred to paintins and its ending work in process inventory. Complete this question by entering your answers in the tabs below. Calkulate the rosts per equivalent unit of probiection for both direct materials and conversion for the forming departmine. 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 output-specifically, its units traraterred to painting and its ending work in process inventory
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