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 box does not require an entry, leave it blank. Baking Department Equivalent Units of Production for Direct Materials and Conversion Costs

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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the bottom part of part b is the total for all three sections

Mar
1 Bal., 32,800 units, 1/4 completed
31 Direct materials, 604,000 units
31 Direct labor
31 Factory overhead
31 Goods finished, 594,200 units
31 Bal. 2 units, 3/5 completed
483,200
Inventory in process, March 1
Started and completed in March
Transferred to finished goods in March
Inventory in process, March 31
110,180
165,022
Check My Work
a. Determine the number of units in work in process inventory at March 31.
units
742,340
b. Determine the equivalent units of production for direct materials and conversion costs in March. If an amount box does not require an entry, leave it blank.
Baking Department
Equivalent Units of Production for Direct Materials and Conversion
Costs
For March
29,520
512,720
622,900
787,922
45,582
45,582
Whole
Units
Direct
Materials Conversion
Equivalent Equivalent.
Units
Units
Previous
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Transcribed Image Text:Mar 1 Bal., 32,800 units, 1/4 completed 31 Direct materials, 604,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 594,200 units 31 Bal. 2 units, 3/5 completed 483,200 Inventory in process, March 1 Started and completed in March Transferred to finished goods in March Inventory in process, March 31 110,180 165,022 Check My Work a. Determine the number of units in work in process inventory at March 31. units 742,340 b. Determine the equivalent units of production for direct materials and conversion costs in March. If an amount box does not require an entry, leave it blank. Baking Department Equivalent Units of Production for Direct Materials and Conversion Costs For March 29,520 512,720 622,900 787,922 45,582 45,582 Whole Units Direct Materials Conversion Equivalent Equivalent. Units Units Previous Next
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