Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] The Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of process costing. At the beginning of the month, the forming department has 27,000 units in inventory, 80% complete as to materials and 20% complete as to conversion costs. The beginning inventory cost of $63,200 consisted of $47,200 of direct materials costs and $16,000 of conversion costs. During the month, the forming department started 339,000 units. At the end of the month, the forming department had 40,000 units in ending inventory, 85% complete as to materials and 35% complete as to conversion. Units completed in the forming department are transferred to the painting department. Cost information for the forming department is as follows:

Cost information for the forming department is as follows:

Beginning work in process inventory	$	64,100
Direct materials added during the month		1,349,600
Conversion added during the month		956,400

1. Calculate the equivalent units of production for the forming department. a) Direct Materials b) Conversion

2. Calculate the costs per equivalent unit of production for the forming department.

a) Direct Materials _____ per EUP b) Conversion ____ per EUP

3. Using the weighted-average method, assign costs to the forming departments outputspecifically, its units transferred to painting and its ending work in process inventory.

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. EUP Cost per EUP Total cost Cost Assignment and Reconciliation Cost of units transferred out Direct materials Conversion Total costs transferred out Costs of ending work in process Direct materials Conversion EUP Cost per EUP | 0.00 $ 0.00 Total cost 0.00 0.00 Total cost of ending work in process Total costs assigned