eBook Show Me HowCalculator 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 ACCOUNT NO Balance Date Item Debit Credit Deb it Credit Bal., 5,100 Mar 1 units, 1/3 8,755 Direct 31 materlals, 137,700 146,455 91,800 units 31 Direct labor 41,950 188,405 Factory 23,598 212,003 overhcad Goods 31 finished, 04,515 7,488 93,000 units Bal. ? units 31 3/5 7,488 a. Based on the above data, determine each cost listed below. Round "cost per equivalent unit' answers to the nearest cent. 1. Diroct materials cost per equivalent unit 2. Canversion 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 far February and March, did the conversion cost per equivalent unit increase, decrease, or remain the same in March