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., 7,800 units, 3/5 completed 21,840 31 Direct materials, 140,400 units 196,560 218,400 31 Direct labor 54,190 272,590 31 Factory overhead 30,482 303,072 31 Goods finished, 142,200 units 292,512 10,560 31 Bal. 7 units, 3/5 completed 10,560 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