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

#5 - 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., 7,200 units, 3/5 completed 16,920
31 Direct materials, 129,600 units 246,240 263,160
31 Direct labor 66,720 329,880
31 Factory overhead 37,536 367,416
31 Goods finished, 131,400 units 354,564 12,852
31 Bal. ? units, 3/5 completed 12,852

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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