Pureform, Inc. manufactures a product that passes through two departments. Data for a recent month for the first department follow Materials Labour $ 3,500 $ 1,875 Overhead $ 1,825 Work in process, beginning Units started in process Units transferred out Work in process, ending Cost added during the month Units 6,000 46,000 43,500 8,500 46,100 22,075 39,735 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 80% complete as to materials and 50% 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 Quantity Schedule Units to be accounted for Total units Schedule Units to be accounted for Total units 0 Equivalent Units (EU) Materials Labour Overhead Units Units accounted for as follows 0 Total units and equivalent units of production n 0 2. Determine the costs per equivalent unit for the month. (Round intermediate calculations and final answer to 3 decimal places.) Costs per equivalent unit 3. Repeat the requirements of parts (1) and (2) using the FIFO method. (Round "Costs per equivalent" to 2 decimal places.) Quantity Schedule Units to be accounted for Total units Equivalent Units (EU) Materials Labour Overhead Units Units accounted for as follows Total units and equivalent units of production 0 0 D Costs per equivalent unit