Alaskan Fisheries, Inc., processes salmon for various distributors. Two departments are involved-Cleaning and Packing. Data relating to pounds of salmon processed in the Cleaning Department during July are presented below:
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A total of 380,000 pounds of salmon were started into processing during July. All materials are added at the beginning of processing in the Cleaning Department.
Required:
Compute the equivalent units for July for both materials and labor and overhead assuming that the company uses the weighted-average method of accounting forunits.