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The following information concerns production in the Baking Department for August. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department Date Debit Credit 194,400 56,750 31,918 ACCOUNT NO. Item August 1 Bal., 5,400 units, 3/5 completed 31 Direct materials, 97,200 units 31 Direct labor 31 Factory overhead 31 Goods finished, 98,400 units 31 Bal., 2 units, 4/5 completed a. Based on the above data, determine each cost listed below. Round "cost per equivalent unit" answers to the nearest cent. Balance Balance Debit Credit 285,198 13,554 207,954 264,704 296,622 11,424 11,424 $ 1. Direct materials cost per equivalent unit 2. Conversion cost per equivalent unit 3. Cost of the beginning work in process completed during August 4. Cost of units started and completed during August 5. Cost of the ending work in process b. Assuming that the direct materials cost is the same for July and August, did the conversion cost per equivalent unit increase, decrease, or remain the same in August? $ $ $ 2 $ Previous Next

The following information concerns production in the Bakng Department for August, All direct materials are placed in process at the beginning of production. a. Based on the above data, determirie each cost listed below, Round "cost per equivalent unit" answers to the nearest cent. sombin August

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