Costs per Equivalent Unit The following information concerns production in the Baking Department for May All direct materials are placed in process at the beginning of production ACCOUNT Work in ProcessBaking Department ACCOUNT NO Date Item Debit Credit Balance Debit Credit May 1 Bal , 9,000 units, 4 5 completed 19,980 31 Direct materials, 162,000 units 275,400 295,380 31 Direct labor 72,760 368,140 31 Factory overhead 40,934 409,074 31 Goods finished, 164,100 units 393,480 15,594 31 Bal units, 4 5 completed 15,594 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 May $ 4 Cost of units started and completed during May $ 5 Cost of the ending work in process $ b Assuming that the direct materials cost is the same for April and May, did the conversion cost per equivalent unit increase, decrease, or remain the same in May

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Costs per Equivalent Unit The following information concerns production in the Baking Department for May. All direct materials are placed in process at the beginning

Costs per Equivalent Unit

The following information concerns production in the Baking Department for May. All direct materials are placed in process at the beginning of production.

ACCOUNT Work in ProcessBaking Department					ACCOUNT NO.
Date		Item	Debit	Credit	Balance
Date		Item	Debit	Credit	Debit	Credit
May.	1	Bal., 9,000 units, 4/5 completed			19,980
	31	Direct materials, 162,000 units	275,400		295,380
	31	Direct labor	72,760		368,140
	31	Factory overhead	40,934		409,074
	31	Goods finished, 164,100 units		393,480	15,594
	31	Bal. ? units, 4/5 completed			15,594

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 May.	$
4. Cost of units started and completed during May.	$
5. Cost of the ending work in process.	$

b. Assuming that the direct materials cost is the same for April and May, did the conversion cost per equivalent unit increase, decrease, or remain the same in May?