Pureform, Inc. manufactures a product that passes through two departments. Data for a recent month for the first department follow:

	Units	Materials	Labour	Overhead
Work in process, beginning		5,300		$	5,200		$	1,850		$	1,875
Units started in process		44,000
Units transferred out		41,500
Work in process, ending		7,800
Cost added during the month					51,432			21,500			38,700

The beginning work-in-process inventory was 70% complete as to materials and 60% complete as to processing labour and overhead. The ending work-in-process inventory was 65% complete as to materials and 60% complete as to processing labour and overhead. The company combines labour and overhead to form the conversion cost category.

Required: 1. Assume that the company uses the weighted average cost method of accounting for units and costs. Prepare a quantity schedule and a computation of equivalent units for the month.

2. Determine the costs per equivalent unit for the month. (Round intermediate calculations and final answer to 3 decimal places.)

3. Repeat the requirements of parts (1) and (2) using the FIFO method. (Round "Costs per equivalent" to 2 decimal places.)