Exercise 4-10 (Algo) Equivalent Units of Production-Weighted-Average Method [LO4-2] Alaskan Fisheries, Incorporated, processes salmon for various...

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Exercise 4-10 (Algo) Equivalent Units of Production-Weighted-Average Method [LO4-2] 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: Percent Completed Work in process inventory, July 1 Work in process inventory, July 31 Pounds of Salmon Labor and Materials Overhead 27,000 100% 59% 21,000 100% 80% A total of 460,000 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. Equivalent units of production Labor and Materials Overhead Exercise 4-10 (Algo) Equivalent Units of Production-Weighted-Average Method [LO4-2] 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: Percent Completed Work in process inventory, July 1 Work in process inventory, July 31 Pounds of Salmon Labor and Materials Overhead 27,000 100% 59% 21,000 100% 80% A total of 460,000 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. Equivalent units of production Labor and Materials Overhead