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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., 8,100 units, 2/3 completed 15,660
31 Direct materials, 145,800 units 218,700 234,360
31 Direct labor 64,830 299,190
31 Factory overhead 36,474 335,664
31 Goods finished, 147,600 units 324,450 11,214
31 Bal. ? units, 2/5 completed 11,214

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 $fill in the blank 1
2. Conversion cost per equivalent unit $fill in the blank 2
3. Cost of the beginning work in process completed during March $fill in the blank 3
4. Cost of units started and completed during March $fill in the blank 4
5. Cost of the ending work in process $fill in the blank 5

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?

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