Mathematics, 21.07.2020 01:01 abhibhambhani
At the beginning of the month, the Painting Department of Skye Manufacturing had 38,000 units in inventory, 80% complete as to materials, and 20% complete as to conversion. The cost of the beginning inventory, $46,650, consisted of $40,400 of material costs and $6,250 of conversion costs. During the month the department started 133,000 units and transferred 147,000 units to the next manufacturing department. Costs added in the current month consisted of $315,340 of materials costs and $579,590 of conversion costs. At the end of the month, the department had 24,000 units in inventory, 30% complete as to materials and 15% 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 38,000 units in inv...
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