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Show Me How The following information concems production in the Baking Department for March. All direct materials are placed in process at the beginning of
Show Me How The following information concems 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 eBook EETA ACCOUNT NO, Balance ETA Date Item Debit Credit Debit Credit Mar 1 Bal, 6,300 units, 4/5 completed 15,120 31 Direct materials, 113,400 units 31 Direct labor 204,120 219,240 57.230 276,475) 31 Factory overhead 32.194 300,664 21 Goods finished, 114,900 units 298,488 10.176 31 Bal. 7 units, 2/5 completed 10,176 v 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 2. Conversion cost per equivalent unit 3 Cost of the beginning work in process completed during March 4. Cost of units started and completed during arch 5 Cost of the ending work in process 18 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? 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 Mar. 1 Bal., 6,300 units, 4/5 completed 15,120 31 Direct materials, 113,400 units 204,120 219,240 31 Direct labor 31 Factory overhead 57,230 32,194 276,470 308,664 31 Goods finished, 114,900 units 298,488 31 Bal. ? units, 2/5 completed 10,176 10,176 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 2. Conversion cost per equivalent unit 3. Cost of the beginning work in process completed during March 4. Cost of units started and completed during March 5. Cost of the ending work in process 1.8 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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