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cost per equivalent unit The following formation concerns production in the baking department for March all direct materials are placed in process at the beginning
cost per equivalent unit
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 ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Date Item Debit Credit DebitCredit Mar. 1 Bal., 6,000 units, 4/5 completed 16,080 31 Direct materials, 108,000 units 216,000 232,080 31 Direct labor 61,860 293,940 31 Factory overhead 34,800 328,740 31 Goods finished, 109,500 units 317,310 11,430 31 Bal. 7 units, 3/5 completed 11,430 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. b. Assuming that the direct materials cost is the same for February and March, did the conversion cost per equivalent unit increase, decrease, o Increase v The following formation concerns production in the baking department for March all direct materials are placed in process at the beginning of production
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