**please provide breakdown of how you got the answer. thanks The following information concerns production in...

4.1 Ratings (574 Votes)

Production report of Baking Deptt. For March:
a)Require-
ments:		Phy units	DM Costs	Conv. Costs	Total
	Op. WIP	4200	0	840
	Started and completed	72300	72300	72300
	Transferred out	76500
	Cl. WIP	3300	3300	2640
	Equivalent units		75600	75780
	Cost incurred during March		136080	60624
1 & 2	Cost per Equivalent unit		1.8	0.80

	Cost of Beg WIP:
	Op WIP Cost				10080
	Incurred in March to complete			672	672
3	Total Cost of Op. WIP				10752

4	Cost of units Started and Completed		130140	57840	187980

5	Cost of ending WIP		5940	2112	8052



b) The conversion cost per equivalent unit going to remain the
same in March because the Direct Material cost are applied in
the beginning and conversion costs are equally distributed during
the period.

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ACCOUNT Work in Process—BakingDepartment					ACCOUNT NO.
Date		Item	Debit	Credit	Balance
Date		Item	Debit	Credit	Debit	Credit
Mar.	1	Bal., 4,200 units, 4/5 completed			10,080
	31	Direct materials, 75,600 units	136,080		146,160
	31	Direct labor	38,800		184,960
	31	Factory overhead	21,824		206,784
	31	Goods finished, 76,500 units		198,732	8,052
	31	Bal. ? units, 4/5 completed			8,052

1. Direct materials cost per equivalent unit.	$
2. Conversion cost per equivalent unit.	$
3. Cost of the beginning work in process completed duringMarch.	$
4. Cost of units started and completed during March.	$
5. Cost of the ending work in process.	$

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