The following information concerns production in the Baking Department for August. 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 Aug. Bal., 5,000 units, % completed 31 Direct materials, 204,000 units 306,000 31 Direct labor 31 Factory overhead 31 Goods finished, 196,000 units 31 Bal. 2 units, % completed 8,000 14,000 349,500 378,576 356,580 21,996 21,996 35,500 29,076