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
Department |
ACCOUNT NO. |
| Date |
Item |
Debit |
Credit |
Balance |
| Debit |
Credit |
| Mar. |
1 |
Bal., 8,100 units, 4/5 completed |
|
|
20,250 |
|
|
|
31 |
Direct materials, 145,800 units |
277,020 |
|
|
297,270 |
|
|
|
31 |
Direct labor |
74,190 |
|
|
371,460 |
|
|
|
31 |
Factory overhead |
41,730 |
|
|
413,190 |
|
|
|
31 |
Goods finished, 147,600 units |
|
398,196 |
|
14,994 |
|
|
|
31 |
Bal. ? units, 3/5 completed |
|
|
14,994 |
|
|
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
March. |
$ |
| 4. Cost of units started and completed during March. |
$ |
| 5. Cost of the ending work in process. |
