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Equivalent Units of Production The following information concerns production in the Baking Department for March....

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Equivalent Units of Production 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 ACCOUNT NO. Department Balance Date Item Debit Credit Debit Credit Bal. 25,200 252,000 8,400 March 1 units, 4/5 completed Direct 31 materials, 226,800 151,200 units Direct 67,360 labor Factory 37,892 overhead 31 319,360 31 357,252 Goods 31 finished, 345,156 12,096 153,300 units Bal.? 31 units, 3/5 12,096 completed a. Determine the number of units in work in process inventory at March 31. 6,300 units Feedback Check My Work b. Determine the equivalent units of production for direct materials and conversion costs in March. If an amount is zero, enter in "O". Baking Department Equivalent Units of Production for Direct Materials and conversion Costs For March Whole Units Direct Materials Equivalent Units conversion Equivalent Units Inventory in process, March 1 8.400 0 6,720 x Started and completed in March 144,900 144,900 144,900 Transferred to finished goods in March 153,300 144.900 151.620 X Inventory in process, March 31 10.500 X 10.500 X 6,300 x Total 163,800 155,400 x 157,920 X

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