7. 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., 7,200 units, 4/5 completed					18,720
	31	Direct materials, 129,600 units	168,480				187,200
	31	Direct labor	49,490				236,690
	31	Factory overhead	27,838				264,528
	31	Goods finished, 131,400 units			255,564		8,964
	31	Bal. ? units, 3/5 completed					8,964

A. 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