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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

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., 7,200 units, 3/5 completed 27,360
31 Direct materials, 129,600 units 246,240 273,600
31 Direct labor 66,170 339,770
31 Factory overhead 37,222 376,992
31 Goods finished, 131,400 units 365,004 11,988
31 Bal. ? units, 2/5 completed 11,988

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 "0".

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

AND....

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
Mar. 1 Bal., 4,200 units, 1/3 completed 7,630
31 Direct materials, 75,600 units 120,960 128,590
31 Direct labor 34,530 163,120
31 Factory overhead 19,426 182,546
31 Goods finished, 76,500 units 175,880 6,666
31 Bal. ? units, 3/5 completed 6,666

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 $

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?

Thank you! :)

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