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 , 8,700 units, 4 5 completed 18,444 31 Direct materials, 156,600 units 250,560 269,004 31 Direct labor 70,340 339,344 31 Factory overhead 39,574 378,918 31 Goods finished, 158,700 units 364,662 14,256 31 Bal units, 4 5 completed 14,256 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

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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., 8,700 units, 4/5 completed			18,444
	31	Direct materials, 156,600 units	250,560		269,004
	31	Direct labor	70,340		339,344
	31	Factory overhead	39,574		378,918
	31	Goods finished, 158,700 units		364,662	14,256
	31	Bal. ? units, 4/5 completed			14,256

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?