The following information concerns production in the Baking Department for August. 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 Aug. 1 Bal., 36,000 units, 3/4 completed 207,360 31 Direct materials, 200,000 units 450,000 657,360 31 Direct labor 207,900 865,260 31 Factory overhead 680,400 1,545,660 31 Goods finished, 196,000 units 1,361,660 184,000 31 Bal., 2 units, 1/2 completed 184,000 a. Determine the number of units in work in process inventory at August 31. b. Determine the equivalent units of production for direct materials and conversion costs in August. EX 3-8 Costs per equivalent unit a. Based upon the data in Exercise 3-7, determine the following for August: 1. Direct materials cost per equivalent unit 2. Conversion cost per equivalent unit 3. Cost of the beginning work in process completed during August 4. Cost of units started and completed during August 5. Cost of the ending work in process Obj. 2, 4 b. Assuming that the direct materials cost is the same for July and August, did the conversion cost per equivalent unit increase, decrease, or remain the same in August?