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Alaskan Fisheries, Incorporated, processes salmon for various distributors and it uses the FIFO method in its process costing system. The company has two processing departments-Cleaning

Alaskan Fisheries, Incorporated, processes salmon for various distributors and it uses the FIFO 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:
Compute the Cleaning Department's equivalent units of production for materials and for labor and overhead for July. image text in transcribed
Alaskan Fisheries, Incorporated, processes salmon for various distributors and it uses the FIFO 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 Labor and Pounds of Salmon Materials Overhead Work in process inventory, July 1 20,000 100% 30% Work in process inventory, July 31 25,000 100% 60% A total of 380.000 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 for July. Materials Labor and Overhead Equivalent units of production 380,000

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