Question: Chapter 04 Problems Saved Pureform, Inc., uses the weighted-average method in its process costing system. It manufactures a product that passes through two departments. Data

 Chapter 04 Problems Saved Pureform, Inc., uses the weighted-average method in

Chapter 04 Problems Saved 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: 5 Units Materials Labor Overhead points Work in process inventory, beginning Units started in procesS Units transferred out 790,000 Work in process inventory, ending Cost added during the month 81,000 $ 76,000 36,300 49,200 04:10:20 769,000 Skipp 60,000 $1,024,785 $364,440 $455,550 eBook The beginning work in process inventory was 90% complete with respect to materials and 75% complete with respect to labor and overhead. The ending work in process inventory was 70% complete with respect to materials and 50% complete with respect to labor and overhead Print Required: Assume that the company uses the FIFO method in its process costing system. References 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. Round your answers to 2 decimal places.) Materials Labor Overhead ota 1. Equivalent units of production Cost per equivalent unit

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