Question

Pureform, Inc., uses the weighted-average 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 63,000 $54,400 22,100 26,900 599,000 620,000 42,000 Units transferred out ok Cost during the month The beginning work in process inventory was 80% complete with respect to materials and 65% complete with respect to labor and overhead. The ending work and overhead. in process inventory was 60% complete with respect to materials and 50% complete with respect to labor Required: 1. Compute the first department's equivalent units of production for materials, labor and overhead for the month 2. Determine the first department's cost per equivalent unit for materials, labor, and overhead for the month (Round your answers to 2 decimal places.) Ove units of p

Answer 1

	Materials	Labor	Overhead
Units transferred out	620000	620000	620000
Work in Process, ending	25200	21000	21000
Equivalent units of production	645200	641000	641000
2
	Materials	Labor	Overhead
Total costs	774240	294860	358960
Equivalent units of production	645200	641000	641000
Cost per Equivalent unit	1.2	0.46	0.56