Question: Homework Cheek my Pureform, Inc, uses the weighted-average method in its process costing system. it manufactures a product that passes through two departments. Data for

 Homework Cheek my Pureform, Inc, uses the weighted-average method in its
process costing system. it manufactures a product that passes through two departments.

Homework Cheek my 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 Work in proceas inventory, beginning Units started in process Unita transferred out Work in process inventory, ending Cost added during the month 63,000 54,400 22,100 26,900 599,000 620,000 12,000 $802, 980 $360,030 420,035 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 materals and 50% complete with respect to labor and overhead. Required: Assume that the company uses the FIFO method in its process costing system. 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.) MaterialsLabor OverheadTotal 1 Equivalent units of production KPrev 7 o 1 Next >

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