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., 6,300 units, 4/5 completed 16,380 31 Direct materials, 113,400 units 147,420 163,800 31 Direct labor 43,290 207,090 12. EX.20.08.ALGO (Algorithmic) 31 Factory overhead 24,354 231,444 31 Goods finished, 114,900 units 223,476 7,968 31 Bal. ? units, 3/5 completed 7,968 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 box does not require an entry, leave it blank. 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 Started and completed in March Transferred to finished goods in March Inventory in process, March 31 Total