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Pureform. Inc., manufactures a product that passes through two departments. Data for a recent month for the first department follow:
The beginning work in process inventory was 80% complete with respect to materials and 60% complete with respect to labor and overhead. The ending work in process inventory was 75% complete with respect to materials and 50% complete with respect to labor and overhead.
Required:
Assume that the company uses the weighted-average method of accounting for units and costs.
I. Compute the equivalent units for the month for the first department.
2. Determine the costs per equivalent unit for themonth.
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