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Alaskan Fisheries, Inc. processes salmon for various distributors....

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Accounting

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Alaskan Fisheries, Inc. processes salmon for various distributors. Two departments are involved-department 1 and department 2 . Data relating to pounds of salmon processed in department 1 during July are presented below: All materials are added at the beginning of processing in department 1. Labour and overhead (conversion) costs are incurred uniformly throughout processing. Required: Prepare quantity schedules and a computation of equivalent units for July for department 1 according to the weighted average method of accounting for units

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