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 , 6,900 units, 3 5 completed 13,731 31 Direct materials, 124,200 units 198,720 212,451 31 Direct labor 55,510 267,961 31 Factory overhead 31,220 299,181 31 Goods finished, 126,000 units 289,593 9,588 31 Bal units, 2 5 completed 9,588 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, or remain the same in March Increase

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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

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
Date		Item	Debit	Credit	Debit	Credit
Mar.	1	Bal., 6,900 units, 3/5 completed			13,731
	31	Direct materials, 124,200 units	198,720		212,451
	31	Direct labor	55,510		267,961
	31	Factory overhead	31,220		299,181
	31	Goods finished, 126,000 units		289,593	9,588
	31	Bal. ? units, 2/5 completed			9,588

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, or remain the same in March? Increase