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At the beginning of the month, the Painting Department of Skye Manufacturing had 26,000 units in inventory, 70% complete as to materials, and 25% complete
At the beginning of the month, the Painting Department of Skye Manufacturing had 26,000 units in inventory, 70% complete as to materials, and 25% complete as to conversion. During the month the department started 121,000 units and transferred 129,000 units to the next manufacturing department. At the end of the month, the department had 18,000 units in inventory, 40% complete as to materials and 10% complete as to conversion. If Skye Manufacturing uses the weighted average method of process costing, compute the equivalent units for materials and conversion respectively for the Painting Department. 136,200 materials; 130,800 conversion. 118,000 materials; 124,300 conversion. 136,200 materials: 124,300 conversion. 130,800 materials, 136,200 conversion. 118,000 materials; 130,800 conversion
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