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 ProcessBaking Department ACCOUNT NO Date Item Debit Credit Balance Debit Credit March 1 Bal , 4,800 units, 4 5 completed 12,480 31 Direct materials, 86,400 units 112,320 124,800 31 Direct labor 32,990 157,790 31 Factory overhead 18,562 176,352 31 Goods finished, 87,600 units 170,376 5,976 31 Bal units, 3 5 completed 5,976 a Determine the number of units in work in process inventory at March 31 fill in the blank 41f1ccfc8007fde 1 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 Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, March 1 fill in the blank 8d00b0062f9604f 1 fill in the blank 8d00b0062f9604f 2 fill in the blank 8d00b0062f9604f 3 Started and completed in March fill in the blank 8d00b0062f9604f 4 fill in the blank 8d00b0062f9604f 5 fill in the blank 8d00b0062f9604f 6 Transferred to finished goods in March fill in the blank 8d00b0062f9604f 7 fill in the blank 8d00b0062f9604f 8 fill in the blank 8d00b0062f9604f 9 Inventory in process, March 31 fill in the blank 8d00b0062f9604f 10 fill in the blank 8d00b0062f9604f 11 fill in the blank 8d00b0062f9604f 12 Total fill in the blank 8d00b0062f9604f 13 fill in the blank 8d00b0062f9604f 14 fill in the blank 8d00b0062f9604f 15 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 1 Bal , 8,400 units, 4 5 completed 14,616 31 Direct materials, 151,200 units 196,560 211,176 31 Direct labor 58,220 269,396 31 Factory overhead 32,752 302,148 31 Goods finished, 153,300 units 290,934 11,214 31 Bal units, 4 5 completed 11,214 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 $fill in the blank 1 2 Conversion cost per equivalent unit $fill in the blank 2 3 Cost of the beginning work in process completed during March $fill in the blank 3 4 Cost of units started and completed during March $fill in the blank 4 5 Cost of the ending work in process $fill in the blank 5 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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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

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 ProcessBaking Department					ACCOUNT NO.
Date		Item	Debit	Credit	Balance
Date		Item	Debit	Credit	Debit	Credit
March	1	Bal., 4,800 units, 4/5 completed			12,480
	31	Direct materials, 86,400 units	112,320		124,800
	31	Direct labor	32,990		157,790
	31	Factory overhead	18,562		176,352
	31	Goods finished, 87,600 units		170,376	5,976
	31	Bal. ? units, 3/5 completed			5,976

a. Determine the number of units in work in process inventory at March 31. fill in the blank 41f1ccfc8007fde_1 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
	Whole Units	Direct Materials Equivalent Units	Conversion Equivalent Units
Inventory in process, March 1	fill in the blank 8d00b0062f9604f_1	fill in the blank 8d00b0062f9604f_2	fill in the blank 8d00b0062f9604f_3
Started and completed in March	fill in the blank 8d00b0062f9604f_4	fill in the blank 8d00b0062f9604f_5	fill in the blank 8d00b0062f9604f_6
Transferred to finished goods in March	fill in the blank 8d00b0062f9604f_7	fill in the blank 8d00b0062f9604f_8	fill in the blank 8d00b0062f9604f_9
Inventory in process, March 31	fill in the blank 8d00b0062f9604f_10	fill in the blank 8d00b0062f9604f_11	fill in the blank 8d00b0062f9604f_12
Total	fill in the blank 8d00b0062f9604f_13	fill in the blank 8d00b0062f9604f_14	fill in the blank 8d00b0062f9604f_15

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
Date		Item	Debit	Credit	Debit	Credit
Mar.	1	Bal., 8,400 units, 4/5 completed			14,616
	31	Direct materials, 151,200 units	196,560		211,176
	31	Direct labor	58,220		269,396
	31	Factory overhead	32,752		302,148
	31	Goods finished, 153,300 units		290,934	11,214
	31	Bal. ? units, 4/5 completed			11,214

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	$fill in the blank 1
2. Conversion cost per equivalent unit	$fill in the blank 2
3. Cost of the beginning work in process completed during March	$fill in the blank 3
4. Cost of units started and completed during March	$fill in the blank 4
5. Cost of the ending work in process	$fill in the blank 5

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?