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 Mar 1 Bal., 3,700 units, 3/5 completed 13,224 31 Direct materials, 156,600 units 297,540 310,764 31 Direct labor 80,610 391,374 31 Factory overhead 45,342 436,716 31 Goods finished, 158,700 units 421,008 15,708 31 Bal ? units, 3/5 completed 15,708 a. Determine the number of units in work in process inventory at March 31. 6,600 units b. Determine the equivalent units of production for direct materials and conversion costs in March. If an amount is zero, enter in "o", Baking Department Equivalent Units of Production for Direct Materials and conversion Costs For March Equivalent Units Equivalent Units Whole Units Direct Materials Conversion 6.525 X 8,700 150,000 150,000 150,000 V Inventory in process, March 1 Started and completed in March Transferred to finished goods in March Inventory in process, March 31 x 6.600 to 2.640 X Total 156,600 159.165 X Fedha