Kitty Inc.processes fish for various cat food distributors. Two departments are involved Department 1 and Department 2. Data relating to kilograms of Cat Food processed in Department 1 during July are presented below:

Kg. of Cat Food

Percentage Completed

WIP, May 1^st

20,000

30%

Started into process during May

380,000

-

WIP, May 31^st

25,000

60%

All materials are added at the beginning of processing in Department 1. Labour and overhead (conversion) costs are incurred uniformly throughout processing.

Required:

1. Prepare quantity schedules and a computation of equivalent units for July for Department 1 according to the weighted average cost method of accounting for units.