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At the beginning of the month, the Painting Department of Skye Manufacturing had 29,000 units in inventory, 80% complete as to materials, and 25% complete

At the beginning of the month, the Painting Department of Skye Manufacturing had 29,000 units in inventory, 80% complete as to materials, and 25% complete as to conversion. During the month the department started 124,000 units and transferred 133,500 units to the next manufacturing department. At the end of the month, the department had 19,500 units in inventory, 30% 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.

  • 135,450 materials; 139,350 conversion.

  • 139,350 materials; 135,450 conversion.

  • 116,150 materials; 128,200 conversion.

  • 116,150 materials; 135,450 conversion.

  • 139,350 materials; 128,200 conversion.

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