1 Equivalent Units of Production The following information concerns production in the Baking Department for March All direct materials are placed in process at the beginning of production ACCOUNT Work in ProcessBaking Department ACCOUNT NO Date Item Debit Credit Balance Debit Credit March 1 Bal , 7,500 units, 4 5 completed 27,000 31 Direct materials, 135,000 units 243,000 270,000 31 Direct labor 69,300 339,300 31 Factory overhead 38,988 378,288 31 Goods finished, 136,800 units 364,380 13,908 31 Bal units, 4 5 completed 13,908 a Determine the number of units in work in process inventory at March 31 units b Determine the equivalent units of production for direct materials and conversion costs in March If an amount is zero, enter in 0 Baking Department Equivalent Units of Production for Direct Materials and Conversion Costs For March Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, March 1 Started and completed in March Transferred to finished goods in March Inventory in process, March 31 Total 2 Costs per Equivalent Unit The following information concerns production in the Baking Department for March All direct materials are placed in process at the beginning of production ACCOUNT Work in ProcessBaking Department ACCOUNT NO Date Item Debit Credit Balance Debit Credit Mar 1 Bal , 4,200 units, 2 3 completed 7,420 31 Direct materials, 75,600 units 105,840 113,260 31 Direct labor 29,310 142,570 31 Factory overhead 16,494 159,064 31 Goods finished, 76,500 units 152,860 6,204 31 Bal units, 4 5 completed 6,204 a Based on the above data, determine each cost listed below Round cost per equivalent unit answers to the nearest cent 1 Direct materials cost per equivalent unit $ 2 Conversion cost per equivalent unit $ 3 Cost of the beginning work in process completed during March $ 4 Cost of units started and completed during March $ 5 Cost of the ending work in process $ b Assuming that the direct materials cost is the same for February and March, did the conversion cost per equivalent unit increase, decrease, or remain the same in March

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1 Equivalent Units of Production The following information concerns production in the Baking Department for March. All direct materials are placed in process at the

1 Equivalent Units of Production

The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production.

ACCOUNT Work in ProcessBaking Department					ACCOUNT NO.
Date		Item	Debit	Credit	Balance
Date		Item	Debit	Credit	Debit	Credit
March	1	Bal., 7,500 units, 4/5 completed			27,000
	31	Direct materials, 135,000 units	243,000		270,000
	31	Direct labor	69,300		339,300
	31	Factory overhead	38,988		378,288
	31	Goods finished, 136,800 units		364,380	13,908
	31	Bal. ? units, 4/5 completed			13,908

a. Determine the number of units in work in process inventory at March 31. units

b. Determine the equivalent units of production for direct materials and conversion costs in March. If an amount is zero, enter in "0".

Baking Department
Equivalent Units of Production for Direct Materials and Conversion Costs
For March
	Whole Units	Direct Materials Equivalent Units	Conversion Equivalent Units
Inventory in process, March 1
Started and completed in March
Transferred to finished goods in March
Inventory in process, March 31
Total

Costs per Equivalent Unit

The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production.

ACCOUNT Work in ProcessBaking Department					ACCOUNT NO.
Date		Item	Debit	Credit	Balance
Date		Item	Debit	Credit	Debit	Credit
Mar.	1	Bal., 4,200 units, 2/3 completed			7,420
	31	Direct materials, 75,600 units	105,840		113,260
	31	Direct labor	29,310		142,570
	31	Factory overhead	16,494		159,064
	31	Goods finished, 76,500 units		152,860	6,204
	31	Bal. ? units, 4/5 completed			6,204

a. Based on the above data, determine each cost listed below. Round "cost per equivalent unit" answers to the nearest cent.

1. Direct materials cost per equivalent unit	$
2. Conversion cost per equivalent unit	$
3. Cost of the beginning work in process completed during March	$
4. Cost of units started and completed during March	$
5. Cost of the ending work in process	$

b. Assuming that the direct materials cost is the same for February and March, did the conversion cost per equivalent unit increase, decrease, or remain the same in March?