> 20-3 Exercises & Problems Costs per Equivalent Unit The following information concerns production in the...

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> 20-3 Exercises & Problems 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 Process-Baking Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Mar 1 Bal., 7,200 units, 3/5 completed 14,328 31 Direct materials, 129,600 units 207,360 221,688 31 Direct labor 31 Factory overhead 57,900 32,568 279,588 312,156 31 Goods finished, 131,400 units 302,004 10,152 31 Bal. ? units, 2/5 completed 10,152 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 1.64 X 2. Conversion cost per equivalent unit 0.65 X 3. Cost of the beginning work in process completed during March $ 1,872 X 4. Cost of units started and completed during March $285,804 X 5. Cost of the ending work in process 10,152 b. Assuming that the direct materials cost is the same for February and March, did the conversion cost per equivalent unit increase, decrease, remain the same in March? > 20-3 Exercises & Problems 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 Process-Baking Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Mar 1 Bal., 7,200 units, 3/5 completed 14,328 31 Direct materials, 129,600 units 207,360 221,688 31 Direct labor 31 Factory overhead 57,900 32,568 279,588 312,156 31 Goods finished, 131,400 units 302,004 10,152 31 Bal. ? units, 2/5 completed 10,152 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 1.64 X 2. Conversion cost per equivalent unit 0.65 X 3. Cost of the beginning work in process completed during March $ 1,872 X 4. Cost of units started and completed during March $285,804 X 5. Cost of the ending work in process 10,152 b. Assuming that the direct materials cost is the same for February and March, did the conversion cost per equivalent unit increase, decrease, remain the same in March?