Alaskan Fisheries, Inc., processes salmon for various distributors and it uses the weighted-average method in its process costing system. The company has two processing departments—Cleaning and Packing. Data relating to pounds of salmon processed in the Cleaning Department during July are presented below:

A total of 380,000 pounds of salmon were started into processing during July. All materials are added at the beginning of processing in the Cleaning Department.

Required:
Compute the Cleaning Department’s equivalent units of production for materials and for labor and overhead in the month of July.

Transcribed Image Text:

Work In process Inventory, July 1 Work In process Inventory, July 31... Percent Completed Pounds of Salmon Materials Labor and Overhead 20,000 25,000 100% 100% 30% 60%