Kalox, Inc , manufactures an antacid product that passes through two departments Data for May for the first department follow Gallons Materials Labor Overhead Work in process, May 1 68,000 $ 68,700 $ 22,800 $ 32,900 Gallons started in process 649,000 Gallons transferred out 670,000 Work in process, May 31 47,000 Cost added during May $ 908,780 $ 280,815 $ 405,655 The beginning work in process inventory was 80 complete with respect to materials and 65 complete with respect to labor and overhead The ending work in process inventory was 60 complete with respect to materials and 10 complete with respect to labor and overhead Required Assume that the company uses the weighted average method of accounting for units and costs 1 Compute the equivalent units for Mays activity for the first department Materials Labor Overhead Equivalent units of production (Gallons) 2 Determine the costs per equivalent unit for May (Round your answers to 2 decimal places ) Materials Labor Overhead Cost per equivalent unit $ $ $ 12 Kalox, Inc , manufactures an antacid product that passes through two departments Data for May for the first department follow Gallons Materials Labor Overhead Work in process, May 1 68,000 68,700 22,800 32,900 Gallons started in process 649 000 Gallons transferred out 670,000 work in process, May 31 47,000 Cost added during May 908,780 280,815 405,655 The beginning work in process inventory was 80 complete with respect to materials and 65 complete with respect to labor and overhead The ending work in process inventory was 60 complete with respect to materials and 10 complete with respect to labor and overhead Required Assume that the company uses the weighted average method of accounting for units and costs 1 Compute the equivalent units for May's activity for the first department Materials Labor Overhead Equivalent units of production (Gallons) 2 Determine the costs per equivalent unit for May (Round your answers to 2 decimal places Materials Labor Overhead Cost per equivalent unit

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Kalox, Inc., manufactures an antacid product that passes through two departments. Data for May for the first department follow: Gallons Materials Labor Overhead Work in

Kalox, Inc., manufactures an antacid product that passes through two departments. Data for May for the first department follow:

	Gallons	Materials		Labor		Overhead
Work in process, May 1	68,000	$	68,700	$	22,800	$	32,900
Gallons started in process	649,000
Gallons transferred out	670,000
Work in process, May 31	47,000
Cost added during May		$	908,780	$	280,815	$	405,655

The beginning work in process inventory was 80% complete with respect to materials and 65% complete with respect to labor and overhead. The ending work in process inventory was 60% complete with respect to materials and 10% complete with respect to labor and overhead.

Required:

Assume that the company uses the weighted-average method of accounting for units and costs.

1.	Compute the equivalent units for Mays activity for the first department.

	Materials	Labor	Overhead
Equivalent units of production (Gallons)

2.	Determine the costs per equivalent unit for May. (Round your answers to 2 decimal places.)

	Materials	Labor	Overhead
Cost per equivalent unit	$	$	$

12. Kalox, Inc., manufactures an antacid product that passes through two departments. Data for May for the first department follow: Gallons Materials Labor Overhead Work in process, May 1 68,000 68,700 22,800 32,900 Gallons started in process 649.000 Gallons transferred out 670,000 work in process, May 31 47,000 Cost added during May 908,780 280,815 405,655 The beginning work in process inventory was 80% complete with respect to materials and 65% complete with respect to labor and overhead. The ending work in process inventory was 60% complete with respect to materials and 10% complete with respect to labor and overhead. Required: Assume that the company uses the weighted-average method of accounting for units and costs. 1. Compute the equivalent units for May's activity for the first department Materials Labor Overhead Equivalent units of production (Gallons) 2. Determine the costs per equivalent unit for May. (Round your answers to 2 decimal places Materials Labor Overhead Cost per equivalent unit