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. Date Item Debit Balance Balance Credit Debit Credit August 1 Bal., 9,000 units, 2/5 completed 31 Direct materials, 162,000 units 259,200 16,740 275,940 31 Direct labor 73,140 349,080 31 Factory overhead 41,142 390,222 31 Goods finished, 164,100 units 31 Bal., units, 2/5 completed 377,250 12,972 12,972 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? Increase Feedback Check My Work Assignment Score: 60.12% All work saved. Email Instructor Save and Exit Submit Assignment for Grading