The Tolorado Company manufactures a product that goes through three processing departments. Information relating to activity in the first department during
June is given below:
Percent completed
Units Materials Conversion
Work in process June 1 80000 65% 45%
Work in process Jun 30 65000 75% 65%
The department started 325000 units into production during the month and transferred 340000 completed units to the next department.
Compute the equivalent units of production for the first department for June assuming that the company uses the weighted-average method of accounting for
units and costs.