ACCOUNTING HW ASAP THX

20-3 Exercises & Problems eBook Show Me How Calculator 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 Process-Baking Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit March 20,700 1 Bal., 6,900 units, 3/5 completed 31 Direct materials, 124,200 units 186,300 207,000 31 Direct labor 55,960 31,484 31 Factory overhead 31 Goods finished, 126,000 units 31 Bal.? units, 3/5 completed 262,960 294,444 9,792 9,792 284,652 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 Check My Work 2 more Check My Work uses remaining.