# CHAPTER 20 HOMEWORKHide or show questions         eBookShow Me HowCalculatorPrint ItemEquivalent Units of ProductionThe 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 DepartmentACCOUNT NO.DateItemDebitCreditBalanceDebitCreditMar.1Bal., 18,000 units, 1⁄4 completed  14,760   31Direct materials, 336,000 units252,000  266,760   31Direct labor40,000  306,760   31Factory overhead60,530  367,290   31Goods finished, 330,000 units 346,410 20,880   31Bal. ? units, 2⁄5 completed  20,880  a.  Determine the number of units in work in process inventory at March 31. unitsb.  Determine the equivalent units of production for direct materials and conversion costs in March. If an amount is zero, enter in "0".Baking DepartmentEquivalent Units of Production for Direct Materials and Conversion CostsFor March Whole UnitsDirect MaterialsEquivalent UnitsConversionEquivalent UnitsInventory in process, March 1   Started and completed in March   Transferred to finished goods in March   Inventory in process, March 31   Total

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CHAPTER 20 HOMEWORK
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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 Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit Mar. 1 Bal., 18,000 units, 1⁄4 completed 14,760 31 Direct materials, 336,000 units 252,000 266,760 31 Direct labor 40,000 306,760 31 Factory overhead 60,530 367,290 31 Goods finished, 330,000 units 346,410 20,880 31 Bal. ? units, 2⁄5 completed 20,880

a.  Determine the number of units in work in process inventory at March 31.
units

b.  Determine the equivalent units of production for direct materials and conversion costs in March. If an amount is zero, enter in "0".

 Baking Department Equivalent Units of Production for Direct Materials and Conversion Costs For March Whole Units Direct MaterialsEquivalent Units ConversionEquivalent Units Inventory in process, March 1 Started and completed in March Transferred to finished goods in March Inventory in process, March 31 Total

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