Exercise 5-9 Equivalent Units and Cost per Equivalent Unit-Weighted-Average Method [LO5-2, L05-3] 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: Materials $ 61,600 Labor $ 15,700 Overhead $ 29, 100 Work in process inventory, beginning Units started in process Units transferred out Work in process inventory, ending Cost added during the month Units 59,000 559,000 580,000 38,000 $ 815, 215 $ 193,285 $ 359,015 The beginning work in process inventory was 85% complete with respect to materials and 70% complete with respect to labor and overhead. The ending work in process inventory was 65% complete with respect to materials and 45% 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.) Answer is complete but not entirely correct. Materials Labor Overhead 1 53,600 X 48.800 X 42,000 X Equivalent units of production Cost per equivalent unit 2 $ 16.36 X $ 4.28 X $ 9.24 X