Home / Questions / Equivalent Units and Cost per Equivalent Unit WeightedAverage Method LO2 LO3 Kalox, Inc....
Equivalent Units and Cost per Equivalent Unit—WeightedAverage Method [LO2, LO3]
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 
$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 . . . . . . 

$907,200 
$370,000 
$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.
Required:
Assume that the company uses the weightedaverage method of accounting for units and costs.
1. Compute the equivalent units for May’s activity for the first department.
2. Determine the costs per equivalent unit for May.
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