Maykes Company uses a weighted-average process costing system and started 37,000 units this month. Maykes had 15,000 units that were 20% complete as to conversion costs in beginning work in process inventory and 3,400 units that were 20% complete as to conversion costs in ending work in process inventory.

Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. a) What are equivalent units of production with respect to conversion costs?

	Inputs	Outputs
Beginning WIP	Add Current Month	Total Production	Completed Transfer Out	Ending WIP	Total Outputs
Direct Materials Units	Answer	Answer	Answer	Answer	Answer	Answer
% Equivalent Completed				Answer %	Answer %
Conversion Equivalent Units			Answer	Answer	Answer	Answer

b) If the Maykes Company assigned $66,528 of conversion cost to its previous month's ending inventory and incurred an additional conversion cost of $155,232 during this month, compute the cost per equivalent unit with respect to conversion costs. Round the cost per unit to 2 decimal places.

	Inputs	Cost of Production per Unit
Beginning WIP	Add Current Month	Total Production Cost
Conversion Units			Answer
Conversion Cost	$Answer	$Answer	$Answer	$Answer