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cost per equivalent unit Costs per Equivalent Unit The following information concerns production in...

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Accounting

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cost per equivalent unit
Costs per Equivalent Unit The following information concerns production in the Baking Department for December. 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 Dec 1 Bal., 5,100 units, 2/5 completed 9,486 31 Direct materials, 91,800 units 146,880 156,366 31 Direct labor 41,450 197,816 31 Factory overhead 23,314 221,130 31 Goods finished, 93,000 units 213,798 7,332 31 Bal, 7 units, 2/5 completed 7,332 5. 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 December 4. Cost of units started and completed during December 5. Cost of the ending work in process b. Assuming that the direct materials cost is the same for November and December, did the conversion cost per equivalent unit increase, decrease, or remain the same in December

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