following information concerns production in the Baking Department
for March. All direct materials are placed in process at the
beginning of production.
1.) Direct Materials cost per equivalent unit?
2.) Conversion cost per equivalent unit?
3.) Cost of the beginning WIP completed during March?
4.) Cost of units started and completed during March?
5.) Cost of ending WIP?
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eBook Show Me How Calculator Print Item Costs per Equivalent Unit The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of productiorn ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Debit Credit Date Item Debit Credit Mar. 1 Bal., 7,500 units, 2/5 completed 31 Direct materials, 135,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 136,800 units 31 Bal.? units, 3/5 completed 13,950 229,950 291,420 326,004 314,490 11,514 11,514 216,000 61,470 34,584 a. Based on the above data, determine each cost listed below. Round “cost per equivalent unit” answers to the nearest cent. 1.6 1. Direct materials cost per equivalent unit. 2. Conversion cost per equivalent unit. 3. Cost of the beginning work in process completed during March. 4. Cost of units started and completed during March. 5. Cost of the ending work in process. b. Assuming that the direct materials cost is the same for February and March, did the conversion cost per equivalent unit Increase, decrease, or Previous Next Check My Work Save and Exit Submit Assignment for Grading All work saved
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