Refer to the data for Pureform in E5-8.

Data from E5-8

Pureform manufactures a product that passes through two departments. Data for a recent month for the first department follow:

The beginning work in progress inventory was 80% complete as to materials and 60% complete as to processing. The ending work in progress inventory was 75% complete as to materials and 50% complete as to processing.

Required
1. Assume that the company uses the FIFO method of accounting for units and costs. Prepare a quantity schedule and a computation of equivalent units for the month.
2. Determine the costs per equivalent unit for the month.

Work in progress inventory, beginning Units started in process Units transferred out Work in progress inventory, ending Cost added during the month Units 5,000 45,000 42,000 8,000 Materials 4,500 52,800 Labour 1,250 21,500 Overhead 1,875 32,250