Kramer Corp

question 85

Essay

Kramer Corp.began the current period with 4,000 units in process that were 100% complete as to materials and 60% complete as to conversion.Costs of $7,500 in direct materials and $4,700 in conversion costs were incurred in manufacturing those units in the previous period.Kramer ended the current period with 20,000 units completed and 5,000 units still in process.Work in process was 100% complete as to materials and 70% complete as to conversion costs.Kramer incurred $67,500 in direct materials costs,$7,000 in direct labor costs,and $40,000 in manufacturing overhead costs during the period.
Required:
Using the weighted average method,compute the following:
a.Equivalent units of production for materials.
b.Equivalent units of production for conversion.
c.Cost per equivalent unit for materials.
d.Cost per equivalent unit for conversion.

---

Definitions:

Broca's Aphasia

A condition resulting from damage to a specific area of the brain, causing difficulties in speech production and language processing.

Wernicke's Aphasia

Wernicke's Aphasia is a neurological disorder characterized by significant difficulties in understanding spoken language, often resulting from damage to the Wernicke's area of the brain.

Brain Regions

Specific areas within the brain responsible for various functions and processes, including cognition, sensory perception, and motor control.

High-Frequency Sounds

Sounds that have a frequency at the higher end of the human hearing range, typically above 2000 Hz.