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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
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 Percent Completed Pounds of Labor and Work in process inventory, July 1 Work in process inventory, July 31 Salmon Materials Overhead 28,000 19,000 100 % 100 % 55 % 70% A total of 490,000 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. Labor and MaterialsOverhead Equivalent units of production
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