Equivalent Units of Production 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 March 1 Bal., 4,200 units, 3/5 completed 16,800 31 Direct materials, 75,600 units 151,200 168,000 31 Direct labor 44,130 212.130 31 Factory overhead 24,828 236,958 31 Goods finished, 76,500 units 227,982 8,976 31 Bal. ? units, 4/5 completed 8,976 a. Determine the number of units in work in process inventory at March 31. 3,300 units b. Determine the equivalent units of production for direct materials and conversion costs in March. If an amount is zero, enter in "0". Baking Department Equivalent Units of Production for Direct Materials and Conversion Costs For March Direct Materials whole Units Conversion Equivalent Units Equivalent Units Inventory in process, March 1 4,200 0 1,680 Started and completed in March Transferred to finished goods in March 76,500 Inventory in process, March 31 Total 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., 7,500 units, 4/5 completed 20,100 31 Direct materials, 135,000 units 270,000 290,100 31 Direct labor 76,650 366,750 31 Factory overhead 43,122 409,872 31 Goods finished, 136,800 units 396,420 13,452 31 Bal. ? units, 2/5 completed 13,452 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