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Bird Corp. uses a process costing system. The first production department is the Machining Department. The data belo'ar summarize the Machining Department's operations in May. Units % Complete - Materials % Complete - Conversion Beginning WIP 15,001} 100% 40% Units Started 65,000 Completed and transferred to Assembly Dep. \"0,000 Ending WIP 1! 100% ? On May 1st, the Department's Work in Process account contained $225,000 of Materials Costs and $530,500 of Conversion Costs. During May, the Department: a) spent two times more on Conversion Costs than it did on Materials, and b) transferred $3,500,000 of total costs to the Jtssemlzml'j.r Department. Each transferred unit carried with it 515 of Materials cost What percent complete, with respect to Conversion Costs, 1were the units in Work in Process at May 31st? Enter as a whole number: 2? Rocky Corp. uses a process costing system. Data concerning the Machining Department (the first processing department) for the most recent month are listed below: Beginning WIP: 200 units Beginning WIP balance: $10,000 ($3,000 materials, $7,000 conversion costs) Units started into production: 7,900 Units transferred to next department: 7,400 Materials cost added: $165,630 Conversion cost added: $307,880 Ending WIP units: 90% complete for materials, 40% complete for conversion costs What is the ending Work in Process balance in the Machining Department?Jawson Corporation uses a process costing system. April data for the Painting Department appear below: Beginning WIP 5,300 Started 65,800 Ending WIP (70% complete) 2,600 What were the Equivalent units of production in the Painting Department for April?Beltway Industries manfuctures and sells lamps. Shown below are the actual operating results for the first two years of operations: Year 1 Year 2 Units produced 40,000 40,000 Units sold 37,000 41,200 Absorption costing net income $44,000 $52,000 Variable costing profit $35,000 Beltway's selling price, variable cost per unit, and fixed overhead were the same for both years. What is Beltway's variable costing net income for Year 2