8.

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., 5,400 units, 2/3 completed					12,960
	31	Direct materials, 97,200 units	184,680				197,640
	31	Direct labor	50,260				247,900
	31	Factory overhead	28,268				276,168
	31	Goods finished, 98,400 units			265,500		10,668
	31	Bal. ? units, 4/5 completed					10,668

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	$