Maykes Company uses a weighted-average process costing system and started 23,000 units this month. Maykes had 12,000 units that were 30% complete as to conversion costs in beginning work in process inventory and 2,600 units that were 30% 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 $50,765 of conversion cost to its previous months ending inventory and incurred an additional conversion cost of $118,453 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