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Loxham Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Work in process, beginning:
Units in beginning work in process inventory ........................... $400Materials costs ....................................................................... $6,900Conversion costs .................................................................... $2,500Percent complete for materials .................................................. 80%Percent complete for conversion ............................................... 15%Units started into production during the month ...................... 6,000Units transferred to the next department during the month ... $5,400Materials costs added during the month ........................... $112,500Conversion costs added during the month ....................... $210,$300Ending work in process: Units in ending work-in-process inventory ................ $1,000Percentage complete for materials ............................... 80%Percentage complete for conversion ............................ 30%
Required:
Calculate the equivalent units for materials for the month in the first processing department.
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