Reference no: EM132515808
Question 1: At the beginning of the month, the Painting Department of Skye Manufacturing had 21,000 units in inventory, 80% cs to materials, and 20% s to conversion. During the month the department started 116,000 units and transferred 121,500 units to the next manufacturing department. At the end of the month, the department had 15,500 units in inventory, 30% s to materials and 15% s to conversion. If Skye Manufacturing uses the weighted average method of process costing, compute the equivalent units for materials and conversion respectively for the Painting Department.
Multiple Choice
Option 1: 126,150 materials; 123,825 conversion.
Option 2: 109,350 materials; 119,625 conversion.
Option 3: 126,150 materials; 119,625 conversion.
Option 4: 123,825 materials; 126,150 conversion.
Option 5: 109,350 materials; 123,825 conversion.