Business, 21.05.2020 05:06 eternity88091

At the beginning of the month, the Painting Department of Skye Manufacturing had 40,000 units in inventory, 80% complete as to materials, and 25% complete as to conversion. The cost of the beginning inventory, $48,650, consisted of $42,400 of material costs and $6,250 of conversion costs. During the month the department started 135,000 units and transferred 150,000 units to the next manufacturing department. Costs added in the current month consisted of $329,600 of materials costs and $604,500 of conversion costs. At the end of the month, the department had 25,000 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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At the beginning of the month, the Painting Department of Skye Manufacturing had 40,000 units in inv...

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