Alaskan Fisheries, Inc., processes salmon for various distributors. Two departments are involved- Cleaning and Packing. Data relating to pounds of salmon processed in the Cleaning Department during July are presented below: Pounds of Salmon Percent Completed Labor and Materials Overhead 100% 52% 31,000 Work in process inventory, July 1 Work in process inventory, July 31 23,000 100% 80% A total of 500,000 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 equivalent units for July for both materials and labor and overhead assuming that the company uses the weighted average method of accounting for units. Materials Labor and Overhead 518,400 Equivalent units of production 523,000