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The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production. ACCOUNT
The following information concerns production in the Baking Department for December. 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 Dec. 1 Bal., 7,200 units, 4/5 completed 12,528 31 Direct materials, 129,600 units 31 Direct labor 168,480 181,008 31 Factory overhead 49,900 28,076 230,908 258,984 31 Goods finished, 131,400 units 249,372 31 Bal., ? units, 4/5 completed 9,612 9,612 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 1.30 2. Conversion cost per equivalent unit 0.56 X 3. Cost of the beginning work in process completed during December 15,869 X 4. Cost of units started and completed during December 233,496 X 9,526 X 5. Cost of the ending work in process b. Assuming that the direct materials cost is the same for November and December, did the conversion cost per equivalent unit increase, decrease, or remain the same in December? Increase
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