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eBookShow Me How Question Content Area Costs per Equivalent Unit The following information concerns production in the Baking Department for March. All direct materials are
eBookShow Me How
Question Content Area
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. Bal., units, completed
Direct materials, units
Direct labor
Factory overhead
Goods finished, units
Bal. units, completed
a Based on the above data, determine each cost listed below. Round "cost per equivalent unit" answers to the nearest cent.
Direct materials cost per equivalent unit $fill in the blank
Conversion cost per equivalent unit $fill in the blank
Cost of the beginning work in process completed during March $fill in the blank
Cost of units started and completed during March $fill in the blank
Cost of the ending work in process $fill in the blank
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?
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