Based upon the data determine the following 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. Date: Item: Debit Credit Mar 1 Bal., 8,000 units, 2/5 completed 15,360 Mar 31 Direct Materials, 145,000 units 232,000 Mar 31 Direct Labor 66,400 Mar 31 Factory Overhead 37,060 Mar 31 Goods Finished, 148,000 units 340,720 Mar 31 Bal., units, 3/5 completed Date: Item: Balance Debit Credit Mar 1 Bal., 8,000 units, 2/5 completed 15,360 Mar 31 Direct Materials, 145,000 units 247,360 Mar 31 Direct Labor 313,760 Mar 31 Factory Overhead 350,820 Mar 31 Goods Finished, 148,000 units 10,100 Mar 31 Bal., units, 3/5 completed 10,100 Solution: Computation of the No of units in work in process at the end of the month Units in process, March 1 8000 Units placed into production for March 145000 Less units finished during March -148000 Units in process, March 31 5000 Hence the No of units in work in process at the end of the month is 5000 Solution: Equivalent Units Whole Units Direct Materials Conversion Inventory in process, March 1(2/5) 8000 0 4800 Started and completed in March 140000 140000 140000 Transferred to finished goods in March 148000 140000 144800 Inventory in process, March 31(3/5) 5000 5000 3000 Total 153000 145000 147800 : 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 Feb and March did the conversion cost per equivalent unit incfrease, decrease, or remain the same in March