EX 3-7 Equivalent units of production Obj. 2 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. Balance Date Item Debit Credit Debit Credit Mar. 1 Bal., 18,000 units, 14 completed 31 Direct materials, 336,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 330,000 units 31 Bal.? units, 2/5 completed 252,000 40,000 60,530 14,760 266,760 306,760 367,290 20,880 20,880 346,410 A. Determine the number of units in work in process inventory at March 31. B. Determine the equivalent units of production for direct materials and conversion costs in March