Equivalent Units of Production 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 Debit Date Item Credit Debit Credit 1 Bal., 4,200 units, 3/5 completed March 11,760 31 Direct materials, 75,600 units 105,840 117,600 31 Direct labor 28,920 146,520 16,260 31 Factory overhead 162,780 31 Goods finished, 76,500 units 157,368 5,412 31 Bal. ? units, 2/5 completed 5,412 a. Determine the number of units in work in process inventory at March 31. 3,300 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 Direct Materials Equivalent Units Whole Units Conversion Equivalent Units 4.200 1,680 Inventory in process, March 1 Started and completed in March Date Item DeDit Creait Debit Credit 1 Bal., 4,200 units, 3/5 completed March 11,760 31 Direct materials, 75,600 units 105,840 117,600 28,920 31 Direct labor 146,520 31 Factory overhead 16,260 162,780 31 Goods finished, 76,500 units 157,368 5,412 31 Bal. ? units, 2/5 completed 5,412 a. Determine the number of units in work in process inventory at March 31. 3,300 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 Direct Materials Conversion Equivalent Units Equivalent Units 4,200 1,680 Inventory in process, March 1 Started and completed in March Transferred to finished goods in March 76,500 Inventory in process, March 31 Total