Chapter 5 Exercises 2.5 16 points Sevet Help Save & Exit Submit Check my work Alaskan Fisheries, Incorporated, 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. Work in process inventory, July 1 Work in process inventory, July 31 Pounds of Salmon Percent Completed Labor and Materials Overhead 29,000 25,000 100% 100% 53% 80% Pr References A total of 480,000 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 Materials Labor and Overhead Equivalent units of production