Alaskan Fisheries, Inc. processes salmon for various distributors. Two departments are involveddepartment 1 and department 2. Data relating to pounds of salmon processed in department 1 during July are presented below:

Work in process, July 1 20,000 3 0 %

Started into processing during July 380,000

Work in process, July 31 25,000 60 %

*Labour and overhead only. All materials are added at the beginning of processing in department 1. Labour and overhead (conversion) costs are incurred uniformly throughout processing.

Required: Prepare quantity schedules and a computation of equivalent units for July for department 1 according to the weighted average cost method of accounting for units.