Alaskan fisheries inc processes salmon for various

Reference no: EM13603340

Alaskan Fisheries, Inc., processes salmon for various distributors. Two departments are involved-Cleaning and Packing. Data relating to pounds of salmon processed in the Cleaning Department during July are presented below:

Percent Completed
Pounds
of Salmon Materials Labor and
overhead
Work in process, July 1 32,000 100% 51%
Work in process, July 31 19,000 100% 70%

A total of 530,000 pounds of salmon were started into processing during July. All materials are added at the beginning of processing in the Cleaning Department.

Required: Compute the equivalent units for July for both materials and labor and overhead assuming that the company uses the weighted-average method of accounting for units.

Reference no: EM13603340

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