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Question(s) / Instruction(s):

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:
                                             Percent Completed
                            Pounds of Salmon       Materials    Labor and overhead
Work in process, July 1              26,000        100%           52%
Work in process, July 31          18,000        100%           70%
A total of 550,000 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 for units.

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