Business

Bethany

11 February, 02:55

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 31,500 units in inventory, 75% complete as to materials and 25% complete as to conversion costs. the beginning inventory cost of $73,100 consisted of $52,600 of direct materials costs and $20,500 of conversion costs.