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Costs per Equivalent Unit The following information concerns production in the Baking Department for December....

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Accounting

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 ProcessBaking Department ACCOUNT NO.
Date Item Debit Credit Balance
Debit Credit
Dec. 1 Bal., 6,300 units, 4/5 completed 12,726
31 Direct materials, 113,400 units 170,100 182,826
31 Direct labor 50,510 233,336
31 Factory overhead 28,408 261,744
31 Goods finished, 114,900 units 252,528 9,216
31 Bal., ? units, 3/5 completed 9,216

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 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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