1. 20-03 20=07

2. 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., 6,900 units, 2/5 completed					26,220
   	31	Direct materials, 124,200 units	235,980				262,200
   	31	Direct labor	64,140				326,340
   	31	Factory overhead	36,084				362,424
   	31	Goods finished, 126,000 units			351,102		11,322
   	31	Bal. ? units, 2/5 completed					11,322

   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