Question

xercise 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	59,000	$	61,600	$	15,700	$	29,100
Units started in process	559,000
Units transferred out	580,000
Work in process inventory, ending	38,000
Cost added during the month		$	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 1