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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 | ||||||||
Mar. | 1 | Bal., 9,300 units, 1/3 completed | 16,120 | ||||||
31 | Direct materials, 167,400 units | 217,620 | 233,740 | ||||||
31 | Direct labor | 66,110 | 299,850 | ||||||
31 | Factory overhead | 37,186 | 337,036 | ||||||
31 | Goods finished, 169,500 units | 324,220 | 12,816 | ||||||
31 | Bal. ? units, 4/5 completed | 12,816 |
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 | Equivalent Units Direct Materials | Equivalent Units Conversion | |
Inventory in process, March 1 | |||
Started and completed in March | |||
Transferred to finished goods in March | |||
Inventory in process, March 31 | |||
Total |
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