Please do not give solution in image format Beginning work in process inventoryUnits started this periodUnits completed and transferred outEnding work in process inventoryProduction cost information for the Painting department follows.Beginning work in processDirect materialsConversionCosts added this periodDirect materialsConversion$ 22,4006,250$ 229,600540, 500Units20,000115,000120,00015,000$ 28,650Direct materialsPercent Complete70%40%Conversion PercentComplete20%10%770, 100If Skye Manufacturing uses the weighted-average method of process costing, compute the cost per equivalent unit for directmaterials and conversion respectively for the Painting department. O$2.00, $4.50.$1.82 $4.45.$2.05, $4.60.$2.05, $4.45$2.25, $4.65

Equivalent Units Of Production Is Total Units Completed And Transferred Out And Ending Work In…

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Accounting

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Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 15E: Costs per equivalent unit and production costs Based on the data in Exercise 17-14, determine the...

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Question

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Beginning work in process inventory
Units started this period
Units completed and transferred out
Ending work in process inventory
Production cost information for the Painting department follows.
Beginning work in process
Direct materials
Conversion
Costs added this period
Direct materials
Conversion
$ 22,400
6,250
$ 229,600
540, 500
Units
20,000
115,000
120,000
15,000
$ 28,650
Direct materials
Percent Complete
70%
40%
Conversion Percent
Complete
20%
10%
770, 100
If Skye Manufacturing uses the weighted-average method of process costing, compute the cost per equivalent unit for direct
materials and conversion respectively for the Painting department.

O
$2.00, $4.50.
$1.82 $4.45.
$2.05, $4.60.
$2.05, $4.45
$2.25, $4.65

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