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 ProcessBaking Department ACCOUNT NO Date Item Debit Credit Balance Debit Credit Mar 1 Bal , 6,900 units, 1 3 completed 13,225 31 Direct materials, 124,200 units 211,140 224,365 31 Direct labor 56,330 280,695 31 Factory overhead 31,688 312,383 31 Goods finished, 126,000 units 302,285 10,098 31 Bal units, 2 5 completed 10,098 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 Ans (a Decrease b Increase c Remain the same)

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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

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 ProcessBaking Department					ACCOUNT NO.
Date		Item	Debit	Credit	Balance
Date		Item	Debit	Credit	Debit	Credit
Mar.	1	Bal., 6,900 units, 1/3 completed			13,225
	31	Direct materials, 124,200 units	211,140		224,365
	31	Direct labor	56,330		280,695
	31	Factory overhead	31,688		312,383
	31	Goods finished, 126,000 units		302,285	10,098
	31	Bal. ? units, 2/5 completed			10,098

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? Ans. (a.Decrease - b.Increase - c.Remain the same)