The following information concerns production in the Baking Department for March. All direct materials are placed in pro

[answerhappygod]

The Following Information Concerns Production In The Baking Department For March All Direct Materials Are Placed In Pro 1 (91.23 KiB) Viewed 22 times

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 Mar. Debit Credit 202,500 61,190 34,416 1 Bal., 7,500 units, 1/3 completed 31 Direct materials, 135,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 136,800 units 31 Bal.? units, 2/5 completed a. Based on the above data, determine each cost listed below. Round "cost per equivalent unit" answers to the nearest cent. 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 remain the same in March? 300,835 Debit Balance 12,875 215,375 276,565 310,981 10,146 10,146 $ $ $ Credit