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Chapter 17 - Homework eBook Show Me How Calculator Print Item The following information concerns production in the Baking Department for March. All direct materials
Chapter 17 - Homework eBook Show Me How Calculator Print Item The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production. 1. EX.17-07.ALGO ACCOUNT Work in Process-Baking Department ACCOUNT NO. 2. EX.17-08.ALGO Balance Date Item Debit Credit Debit Credit 3. EX.17-11.ALGO 4. EX.17-24.ALGO 5. EX.17-25.ALGO Mar. 1 Bal., 4,800 units, 2/5 completed 10,080 31 Direct materials, 86,400 units 155,520 165,600 31 Direct labor 45,340 210,940 31 Factory overhead 25,508 236,448 31 Goods finished, 87,600 units 227,664 8,784 31 Bal. ? units, 4/5 completed 8,784 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. 1.80 6. PR.17-02A.ALGO 7. PR.17-05A.ALGO 2. Conversion cost per equivalent unit. $ 0.80 3. Cost of the beginning work in process completed during March. 12,384 4. Cost of units started and completed during March. 215,280 5. Cost of the ending work in process. 8,208 X b. Assuming that the direct materials cost is the same for February and March, did the conversion cost per equivalent unit increase, decrease, or remain the same in March? Increase Feedback Previous Check My Work Next Progress: 2/7 items Assignment Score: 35.67% All work saved. Save and Exit Submit Assignment for Grading
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