Costs per Equivalent Unit

The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production.

ACCOUNT Work in ProcessBaking Department							ACCOUNT NO.
Date		Item	Debit		Credit		Balance
							Debit		Credit
Dec.	1	Bal., 7,500 units, 2/5 completed					15,750
	31	Direct materials, 135,000 units	243,000				258,750
	31	Direct labor	70,840				329,590
	31	Factory overhead	39,848				369,438
	31	Goods finished, 136,800 units			355,530		13,908
	31	Bal., ? units, 4/5 completed					13,908

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 December

4. Cost of units started and completed during December

5. Cost of the ending work in process