Chapter 17 Homework (Application) ? Equivalent Units of Production and Related Costs The charges to Work in Process-Baking Department for a period as well as information concerning production are as follows. The Baking Department uses the average cost method, and all direct materials are placed in process during production. Work in Process-Baking Department Bal., 2,600 units, 70% completed 6,890 To Finished Goods, 18,700 units Direct materials, 19,000 units 73,720 Direct labor 34,628 Factory overhead 17,838 Bal., 2,900 units, 30% completed If required, round cost per equivalent unit answer to two decimal places. Determine the number of whole units to be accounted for and to be assigned costs. units b. Determine the number of equivalent units of production. units c. Determine the cost per equivalent unit. per equivalent unit d. Determine the cost of the units transferred to Finished Goods. e. Determine the cost of units in ending Work in Process. Check My Work 4 more Check My Work uses remaining Previous Next