Exercise 5-9 Equivalent Units and Cost per Equivalent Unit-Weighted-Average Method [LO5-2, LO5-3]

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:

	Units	Materials		Labor		Overhead
Work in process inventory, beginning	63,000	$	54,400	$	22,100	$	26,900
Units started in process	599,000
Units transferred out	620,000
Work in process inventory, ending	42,000
Cost added during the month		$	719,840	$	272,760	$	332,060

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 in process inventory was 60% complete with respect to materials and 50% 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.)

Materials Labor Overhead 1. Equivalent units of production 2. Cost per equivalent unit