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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. Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Multiple Choice $ 22,400 $2.25; $4.65. Units 20,000 115,000 120,000 15,000 6,250 $ 28,650 $ 229,600 540,500 770,100 Direct materials Conversion Percent Percent Complete 70% 40% Complete 20% 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. 10%
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