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. Date Item Debit Credit Balance Debit Credit
Mar. 1 Bal., 6,000 units, 2/3 completed 10,000
31 Direct materials, 108,000 units 140,400 150,400
31 Direct labor 41,890 192,290
31 Factory overhead 23,570 215,860
31 Goods finished, 109,500 units 207,850 8,010
31 Bal. ? units, 4/5 completed 8,010
a. Based on the above data, determine each cost listed below. Round "cost per equivalent unit" answers to the nearest cent.
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
UnitsEquivalent Units
Direct
MaterialsEquivalent
Units
Conversion
Inventory in process, March 1
Started and completed in March
Transferred to finished goods in March
Inventory in process, March 31
Total