Pureform manufactures a product that passes through two departments. Data for a recent month for the first department follow:

The beginning work in progress inventory was 80% complete as to materials and 60% complete as to processing. The ending work in progress inventory was 75% complete as to materials and 50% complete as to processing.

Required
1. Assume that the company uses the weighted-average method of accounting for units and costs. Prepare a quantity schedule and a computation of equivalent units for the month.
2. Determine the costs per equivalent unit for the month.

Transcribed Image Text:

Work in progress inventory, beginning Units started in process Units transferred out Work in progress inventory, ending Cost added during the month Units 5,000 45,000 42,000 8,000 Materials £4,500 52,800 Labour £1,250 21,500 Overhead £1,875 32,250