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., 5,700 units, 2/5 completed 17,100 31 Direct materials, 102,600 units 153,900 171,000 31 Direct labor 46,740 217,740 31 Factory overhead 26,298 244,038 31 Goods finished, 104,100 units 235,974 8,064 31 Bal. 7 units, 3/5 completed 8,064 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 Inventory in process, March 1 244,038 31 Goods finished, 104,100 units 235,974 8,064 31 Bal.? units, 3/5 completed 8,064 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 Conversion Equivalent Units Equivalent Units Inventory in process, March 1 Started and completed in March Transferred to finished goods in March Inventory in process, March 31 Total