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 of production.

ACCOUNT Work in ProcessBaking Department							ACCOUNT NO.
Date		Item	Debit		Credit		Balance
							Debit		Credit
Mar.	1	Bal., 9,000 units, 3/5 completed					20,250
	31	Direct materials, 162,000 units	291,600				311,850
	31	Direct labor	84,080				395,930
	31	Factory overhead	47,296				443,226
	31	Goods finished, 164,100 units			426,390		16,836
	31	Bal. ? units, 4/5 completed					16,836

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	$fill in the blank 1
2. Conversion cost per equivalent unit	$fill in the blank 2
3. Cost of the beginning work in process completed during March	$fill in the blank 3
4. Cost of units started and completed during March	$fill in the blank 4
5. Cost of the ending work in process	$fill in the blank 5

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?

DecreaseIncreaseRemain the sameIncrease