Please do not give image format and solve all parts 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 averagemethod and it reports the following unit data for the Forming department. Units completed in the forming department are.transferred to the painting department.Beginning work in process inventoryUnits started this periodCompleted and transferred outEnding work in process inventoryProduction cost information for the forming department follows.Beginning work in processDirect materialsConversionCosts added this periodDirect materialsConversionTotal costs to account forRequired A Required B Required CUnits31,000420,000411,00040,000Completed and transferred outEnding work in process$ 52,00020,1001,631,4001,079,700GUnitsShow Transcribed TextDirectMaterialsPercentComplete70%Complete this question by entering your answers in the tabs below.< Required Aa. 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 topainting and its ending work in process inventory.Direct Materials80%PercentComplete$ 72,1002,711,100$ 2,783,200Calculate the equivalent units of production for both direct materials and conversion for the forming department.EUPConversionPercentComplete:30%30%PercentCompleteRequired B >ConversionEUP lookHintiPrintDrenceseBookBHintbPrintReferencesComplete this question by entering your answers in the tabs below.Required A Required BCalculate the costs per equivalent unit of production for both direct materials and conversion for the forming department.Costs of beginning work in processCosts added this periodTotal costsEquivalent units of production (from part a)Cost per equivalent unit of productionRequired CRequired A Required B Required CCost AssignmentCompleted and transferred outDirect materialsConversionShow Transcribed TextTotal Completed and transferred outEnding work in processDirect materialsConversionTotal costs accounted forDirect MaterialsŰUsing the weighted average method, assign costs to the forming department's output-specifically, its units transferred topainting and its ending work in process inventory.EUPper EUPEUPEUPConversionCost per EUPCost per EUPEUPper EUPcTotal costTotal cost

Name: Please do not give image format and solve all parts Use the following
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: Please do not give image format and solve all parts 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 painti