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., 5,100 units, 3/5 completed 10,149 31 Direct materials, 91,800 units 146,880 157,029 31 Direct labor 40,990 198,019 31 Factory overhead 23,060 221,079 31 Goods finished, 93,000 units 213,747 7,332 31 Bal., ? units, 2/5 completed 7,332 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 1.60 0.7 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 11,577 202,170 7,332 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