Question

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 March 1 Bal., 6,900 units, 4/5 completed 23,460 31 Direct materials, 124,200 units 211,140 234,600 31 Direct labor 54,890 289,490 31 Factory overhead 30,874 320,364 31 Goods finished, 126,000 units 310,266 10,098 31 Bal. ? units, 2/5 completed 10,098 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 Materials 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

Answer 1

a
Number of units in work in process inventory	5100 units	=6900+124200-126000
b
	Whole Units	Direct Materials Equivalent Units	Conversion Equivalent Units
Inventory in process, March 1	6900	0	1380	=6900*1/5
Started and completed in March	119100	119100	119100	=126000-6900
Transferred to finished goods in March	126000	119100	120480
Inventory in process, March 31	5100	5100	2040	=5100*2/5
Total	131100	124200	122520