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At the beginning of the month, the Painting department of Skye Manufacturing reported the following: Beginning work in process inventory Units started this period Units

At the beginning of the month, the Painting department of Skye Manufacturing reported the following: Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Production cost Information for the Painting department follows. Units Direct materials Percent Complete Conversion Percent 27,500 130,000 70% Complete 20% 135,000 22,500 30% 10% Beginning work in process Direct materials Conversion $ 37,400 7,750 $ 45,150 Costs added this period Direct materials Conversion $ 302,800 651,050 953,850 If Skye Manufacturing uses the weighted-average method of process costing, compute the cost per equivalent unit for direct materials and conversion respectively for the Painting department. Multiple Choice $2.40; $4.80. $2.12; $4.72 $2.44; $4.90. $2.44; $4.72 $2.78; $5.00

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