Question

Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method of proce
1. Calculate the equivalent units of production for the forming department. 2. Calculate the costs per equivalent unit of pro
Required 1 Required 2 Required 3 Calculate the costs per equivalent unit of production for the forming department. (Round you
Required 1 Required 2 Required 3 Using the weighted average method, assign costs to the forming departments output-specifica
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Answer #1

The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet.

2 Answer 5 Part 1) Equivalent units of Material and Conversion Cost Equival 7 Particulars Physical Units Material conversion

EUP Cost Per EUP 358000 T otal Cost 3.80 1 360400 2.701 966600 Part 3) Cost Assignment and Reconciliation Cost of units trans

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