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., 9,000 units, 4/5 completed 7,200 31 Direct materials, 162,000 units 324,000 331,200 31 Direct labor 92,760 423,960 31 Factory overhead 52,176 476,136 31 Goods finished, 164,100 units 458,610 17,526 31 Bal. ? units, 3/5 completed 17,526
a. Determine the number of units in work in process inventory at March 31.
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 Equivalent Units
Direct Materials Equivalent Units
Conversion Inventory in process, March 1 Started and completed in March Transferred to finished goods in March Inventory in process, March 31 Total