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Kramer Corp. began the period with 4,200 units in process that were 100% complete for materials and 68% complete for conversi
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Solution

Material Conversion
Equivalent Units of Production                    26,300                   24,740

Working

Statement of Equivalent Units(Weighted average)
Material Conversion cost
Units Complete % Equivalent units Complete % Equivalent units
Transferred out                    20,300 100%                    20,300 100%                   20,300
Ending WIP                      6,000 100%                       6,000 74%                     4,440
Total                    26,300 Total                    26,300 Total                   24,740

The percentage completed in beginning are ignored in weighted average method.

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