Exercise 5-9 (Algo) Equivalent Units and Cost per Equivalent Unit-Weighted-Average Method [LO5-2, LO5-3] Pureform, Incorporated, 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 Work in process inventory, beginning Unit 87,000 Materials 04,400 Labor Overhead 42,200 $55,900 Unite started in process 829.000 Unita transferred out Work in process inventory, ending 850.000 66,000 Cost added during the month 1,116,480 521,025 589,230 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 25% 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. Determine the first department's cost per equivalent unit for materials, labor, and overhead for the month. (Round your answers to 2 decimal places.) 1. Equivalent units of production 2. Cost per equivalent unit Materials Labor Overhead Check my work earc hted W