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help please Kramer Corp. began the current period with 4.090 units in process that were 100% complete as to materials and 60% complete as to
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Kramer Corp. began the current period with 4.090 units in process that were 100% complete as to materials and 60% complete as to conversion Costs of $7,610 in direct materials and $4,880 in conversion costs were incurred in manufacturing those units in the previous period. Kramer ended the current period with 20,600 units completed and 5,130 units still in process. Work in process was 100% complete as to materials and 70% complete as to conversion costs. Kramer incurred $68,900 in direct materials costs. $7,060 in direct labor costs, and $41,000 in manufacturing overhead costs during the period. Required: a. Using the weighted average method, compute the equivalent units of production for materials Equivalent Units b. Using the weighted average method, compute the equivalent units of production for conversion Equivalent Units c. Using the weighted average method, compute the cost per equivalent unit for materials. (Round your answer to 2 decimal places.) Cost per Equivalent Unit d. Using the weighted average method, compute the cost per equivalent unit for conversion (Round your answer to 2 decimal places.) Cost per Equivalent Unit e. Using the weighted average method, compute the cost assigned to ending Work in Process Inventory (Round your Intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount) Cost Assigned . Using the weighted average method, compute the cost assigned to goods completed and transferred out. (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.) Cost Assigned Step by Step Solution
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