Saved Chapter 5 Homework 6 Exercise 5-9 (Algo) Equivalent Units and Cost per Equivalent Unit-Weighted Average Method [LO5-2, LO5-3) 142 points Labor $ 30,000 -Book Hint 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 Unito Materials Overhead Work in process inventory, beginning 80,000 $4,000 Units started in process 760,000 Units transferred out 790.000 Work in process inventory, ending 50,000 Cont added during the month $907,200 $ 370,000 5 592,000 The beginning work in process inventory was 80% complete with respect to materials and 75% complete with respect to labor and overhead. The ending work in process inventory was 60% complete with respect to materials and 20% 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 departments cost per equivalent unit for materials, labot, and overhead for the month. (Round your answers to 2 decimal places.) D Materials Labor Overhead 1. Equivalent units of production 2. Cost per equivalent unt