Costs per Equivalent Unit The following information concerns production in the Baking Department for August. All direct materials are placed in process at the beginning of production ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Balance Date Item Debit Credit Debit Credit August 1 Bal., 7,200 units, 3/5 completed 15,048 31 Direct materials, 129,600 units 220,320 235,368 31 Direct labor 58,380 293,748 31 Factory overhead 32,844 326,592 31 Goods finished, 131,400 units 315,144 31 Bal, 2 units, 3/5 completed 11,448 11,448 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 August 4. Cost of units started and completed during August 5. Cost of the ending work in process b. Assuming that the direct materials cost is the same for July and August, did the conversion cost per equivalent unit increase, decrease, or remain the same in August?