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 Process-Baking Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Mar. 1 Bal., 6,600 units, 1/3 completed 15,070 31 Direct materials, 118,800 units 237,600 252,670 31 Direct labor 69,200 321,870 31 Factory overhead 38,926 360,796 31 Goods finished, 120,300 units 348,760 12,036 31 Bal.? units, 2/5 completed 12,035 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? Decrease Increase Remain the same