Reference no: EM132515357

Question - Pureform, lnc., uses the FIFO method in its process costing system. It 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	79,000	$75,100	$36,400	$49,100
Units started in process	751,000
Units transferred out	800,000
Work in process inventory, ending	30,000
Cost added during the month		$1,557,385	$612,440	$688,995

The beginning work in process inventory was 70% complete with respect to materials and 55% complete with respect to labor and overhead. The ending work in process inventory was 50% complete with respect to materials and 30% complete with respect to labor and overhead.

Required -

1. Compute the first department's equivalent units of production for materials, labor, and overhead for the month.

2. Compute the first department's cost per equivalent unit for materials, labor, overhead, and in total for the month.