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., 4,500 units, 4/5 completed i 11,250 31 Direct materials, 81,000 units 153,900 165,150 31 Direct labor 41,260 206,410 31 Factory overhead 23,204 229,614 31 Goods finished, 82,200 units 221,760 7,854 31 Bal, 2 units, 3/5 completed 7,854 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 1.9 V 6.5 X 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? Increase