Question: Conversion 529,275 789,635 Skye Manufacturing uses the weighted average method of process costing, compute the cost per equivalent unit or direct materials and conversion respectively

Conversion 529,275 789,635 Skye Manufacturing uses the weighted average method of process costing, compute the cost per equivalent unit or direct materials and

Conversion 529,275 789,635 Skye Manufacturing uses the weighted average method of process costing, compute the cost per equivalent unit or direct materials and conversion respectively for the Painting department. Multiple Choice $1.99; $4.12. $2.18; $4.20. $2.21; $4.12. $2.48; $4.35. $2.21; $4.30. At the beginning of the month, the Painting department of Skye Manufacturing reported the following: UT Direct materials Percent Complete 70% Conversion Percent Complete 20% Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 22,500 120,000 125,000 17,500 40% 15% Production cost information for the Painting department follows. $ 27,400 6,750 $ 34,150 Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion $ 260,360 529,275 789,635 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. Multiple Choice

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