{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-27T18:05:44-04:00", "answer_date": "2024-05-27 18:05:44", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1793531", "url": "\/study-help\/questions\/the-following-information-concerns-production-in-the-baking-department-for-1793531", "question_creation_date_js": "2024-05-27T18:05:44-04:00", "question_creation_date": "May 27, 2024 06:05 PM", "meta_title": "[Solved] The following information concerns produc | SolutionInn", "meta_description": "Answer of - The following information concerns production in the Baking Department for March. All direct materials are placed in p | SolutionInn", "meta_keywords": "information,concerns,production,baking,department,march,direct,materials,placed,process,beginning,account", "question_title_h1": " The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production. ACCOUNT", "question_title": " The following information concerns production in the Baking Department for March.", "question_title_for_js_snippet": "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 , 32,800 units, 1 4 completed 29,520 31 Direct materials, 604,000 units 483,200 512,720 31 Direct labor 110,180 622,900 31 Factory overhead 165,022 787,922 31 Goods finished, 594,200 units 742,340 45,582 31 Bal 2 units, 3 5 completed 45,582 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 ", "question_description": "\"image", "transcribed_text": "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., 32,800 units, 1\/4 completed 29,520 31 Direct materials, 604,000 units 483,200 512,720 31 Direct labor 110,180 622,900 31 Factory overhead 165,022 787,922 31 Goods finished, 594,200 units 742,340 45,582 31 Bal. 2 units, 3\/5 completed 45,582 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?", "related_book": { "title": "Fraud examination", "isbn": "538470844, 978-0538470841", "edition": "4th edition", "authors": "Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/158.jpg", "uri": "\/textbooks\/fraud-examination-4th-edition-158", "see_more_uri": "" }, "free_related_book": { "isbn": "0367452022", "uri": "\/textbooks\/chemistry-and-physics-of-carbon-volume-16-1st-edition-978-0367452025-165563", "name": "Chemistry And Physics Of Carbon Volume 16", "edition": "1st Edition" }, "question_posted": "2024-05-27 18:05:44", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/economics\/will-restricting-imports-affect-exports-and-exportrelated-jobs-how", "description": "Will restricting imports affect exports and export-related jobs? 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