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., 4,200 units, 1/3 completed 7,630 31 Direct materials, 75,600 units 120,960 128,590 31 Direct labor 34,240 162,830 31 Factory overhead 19,254 182,084 31 Goods finished, 76,500 units 175,880 6,204 31 Bal.? units, 2/5 completed 6,204 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 s $ 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 S 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 Costs per Equivalent Unit Georgia Products Inc. completed and transferred 181,000 particle board units of production from the Pressing Department. There was no beginning inventory in process in the department. The ending in- process inventory was 16,000 units, which were 3/5 complete as to conversion cost. All materials are added at the beginning of the process. Direct materials cost incurred was $512,200, direct labor cost incurred was $154,390, and factory overhead applied was $36,210. Determine the following for the Pressing Department. Round "cost per equivalent unit" answers to the nearest cent. a. Total conversion cost X b. Conversion cost per equivalent unit X S c. Direct materials cost per equivalent unit X Cost per Equivalent Unit The following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $98,040 of direct materials. ACCOUNT Work in Process-Forging Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Nov. 1 Bal., 8,600 units, 40% completed 108,704 30 Direct materials, 78,000 units 865,800 974,504 30 Direct labor 110,840 1,085,344 30 Factory overhead 153,064 2 1,238,408 30 Goods finished, 2 units ? 30 Bal., 6,900 units, 90% completed ? a. Determine the number of units transferred to the next department. units b. Determine the costs per equivalent unit of direct materials and conversion. If required, round your answer to two decimal places. Cost per equivalent unit of direct materials Cost per equivalent unit of conversion c. Determine the cost of units started and completed in November