Business
Business, 17.04.2020 00:41, daniellcharmaine

At the beginning of the month, the Painting Department of Skye Manufacturing had 26,000 units in inventory, 70% complete as to materials, and 25% complete as to conversion. The cost of the beginning inventory, $34,650, consisted of $28,400 of material costs and $6,250 of conversion costs. During the month the department started 121,000 units and transferred 129,000 units to the next manufacturing department. Costs added in the current month consisted of $264,640 of materials costs and $517,130 of conversion costs. At the end of the month, the department had 18,000 units in inventory, 40% complete as to materials and 10% complete as to conversion. If Skye Manufacturing uses the weighted average method of process costing, compute the costs per equivalent unit of materials and conversion respectively for the Painting Department.

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