Required:

a) Using weighted average method, compute the equivalent units.

b) Using weighted average method, compute the cost per equivalent unit for each cost element.

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 80,000 $ 68,600 S 30,000 $ 48,000 Gallons started in process 760,000 Gallons transferred out 790,000 Work in process, May 31 50,000 Cost added during May S 907,200 S 370,000 S 592,000 The beginning work in process inventory was 80% complete with respect to materials and 75% complete with respect to labor and overhead. The ending work in process inventory was 60% complete with respect to materials and 20% complete with respect to labor and overhead