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Required information [The following information applies to the questions displayed below.] Fields Company...

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Accounting

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.
\table[[,Units,\table[[Direct],[Materials],[Percent],[Complete]],],[\table[[Beginning work in process],[inventory]],32,000,65%,35%
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