Equivalent 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.BalanceCreditDateItemDebitDebitCreditMarch1 Bal., 7,200 units, 2/5 completed20,160201,60031 Direct materials, 129,600 units181,440251,78031 Direct labor50,18031 Factory overhead28,228280,008271,15231 Goods finished, 131,400 units8,8568,85631 Bal.? units, 2/5 completeda. 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" b. 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 MarchDirect MaterialsWhole UnitsEquivalent Units Conversion Equivalent UnitsInventory in process, March 1Started and completed in MarchTransferred to finished goods in MarchInventory in process, March 31Total

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Asked Oct 26, 2019
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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.
Balance
Credit
Date
Item
Debit
Debit
Credit
March
1 Bal., 7,200 units, 2/5 completed
20,160
201,600
31 Direct materials, 129,600 units
181,440
251,780
31 Direct labor
50,180
31 Factory overhead
28,228
280,008
271,152
31 Goods finished, 131,400 units
8,856
8,856
31 Bal.? units, 2/5 completed
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"
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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. Balance Credit Date Item Debit Debit Credit March 1 Bal., 7,200 units, 2/5 completed 20,160 201,600 31 Direct materials, 129,600 units 181,440 251,780 31 Direct labor 50,180 31 Factory overhead 28,228 280,008 271,152 31 Goods finished, 131,400 units 8,856 8,856 31 Bal.? units, 2/5 completed 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"

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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
Direct Materials
Whole Units
Equivalent Units Conversion Equivalent 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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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 Direct Materials Whole Units Equivalent Units Conversion Equivalent 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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a. Number of units in work in proc...

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Particulars Units 7,200 129,600 -131,400 5.400 Opening balance of work in process inventory Add: Units produced during the period of March Less: Finished goods during the period of March Ending balance of Work in process inventory Number of units in work in process inventory at March 31 is $5,400.

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