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., 6,300 units, 3/5 completed 22,680 31 Direct materials, 113,400 units 204,120 226,800 31 Direct labor 57,880 284,680 31 Factory overhead 32,552 317,232 31 Goods finished, 114,900 units 307,056 10,176 31 Bal units, 2/5 completed 10,176 a. Determine the number of units in work in process inventory at March 31. 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 Whole Units Direct Materials Equivalent Units Conversion Equivalent Units 31 Direct materials, 113,400 units 204,120 226,800 31 Direct labor 57,880 284,680 31 Factory overhead 32,552 317,232 31 Goods finished, 114,900 units 307,056 10,176 31 Bal. ? units, 2/5 completed 10,176 a. Determine the number of units in work in process inventory at March 31. 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 Direct Materials Whole Units Equivalent Units Conversion Equivalent Units Inventory in process, March 1 Started and completed in March Transferred to finished goods in March Inventory in process, March 31 Total