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Compute equivalent units for the month for first department

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Reference no: EM131783029

Pureform, Inc., manufactures a product that passes through two departments. Data for a recent month for the first department follow: Units Materials Labor Overhead Work in process inventory, beginning . . . . . . . 5,000 $4,320 $1,040 $1,790 Units started in process . . . . . . . . . . . . . . . . . 45,000 Units transferred out . . . . . . . . . . . . . . . . . . . . 42,000 Work in process inventory, ending . . . . . . . . . 8,000 Cost added during the month . . . . . . . . . . . . . $52,800 $21,500 $32,250

Process Costing 165 The beginning work in process inventory was 80% complete with respect to materials and 60% complete with respect to labor and overhead. The ending work in process inventory was 75% complete with respect to materials and 50% complete with respect to labor and overhead. Required: Assume that the company uses the weighted-average method of accounting for units and costs.

1. Compute the equivalent units for the month for the first department.

2. Determine the costs per equivalent unit for the month

Reference no: EM131783029

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