version. 335,100 EX 3-7 Equivalent units of production Obj. 2 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 ( ) OW ME HOW Mar. Bal., 18,000 units, 14 completed Direct materials, 336,000 units Direct labor Factory overhead Goods finished, 330,000 units Bal. 2 units, % completed 252,000 40,000 60,530 14,760 266,760 306,760 367,290 20,880 346,410 31 20,880 A. Determine the number of units in work in process inventory at March 31. B. Determine the equivalent units of production for direct materials and conversion costs in March 1% EX 5-9 Contribution margin ratio Obj. 2 A. Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribution margin ratio for Young Company? B. If the contribution margin ratio for Martinez Company is 40%, sales were $34,800,000, and fixed costs were $1,500,000, what was the income from operations? 28,500 units EX 5-11 Break-even sales and sales to realize income from operations For the current year ended October 31. Friedman Company expects fixed costs of $14,300,000, a unit variable cost of $250, and a unit selling price of $380. A. Compute the anticipated break-even sales (units). B. Compute the sales (units) required to realize income from operations of $2,405,000. SHOW ME HOW