Hogarth, Inc., manufactures a product that passes through three processes. During July, the first department transferred 12,000 units to the second department. The cost of the units transferred into the second department was $25,200. Materials are added uniformly in the second process.

The second department had the following physical flow schedule for July:

Units to account for:

Units in beginning work in process (40% complete) 2,000 Units started ff Total units to account for Units accounted for:

Units in ending work in process (50% complete) 4,000 Units completed 4 Total units accounted for 2 Costs in beginning work in process for the second department were materials, $3,200;

conversion costs, $3,120; transferred in, $4,000. Costs added during the month were materials, $16,000; conversion costs, $24,960; transferred in, $20,500.

Required:

1. Assuming the use of the weighted average method, prepare a schedule of equivalent units. F 2. Compute the unit cost for the month.

 LO3