The following information concerns production in the Baking Department for March

Question

The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production.

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".

Check My Work

ACCOUNT Work in Process—Baking Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit March. 1 Bal., 9,000 units, 4/5 completed 30,600 31 Direct materials, 162,000 units 275,400 306,000 31 Direct labor 72,760 378,760 31 Factory overhead 40,934 419,694 31 Goods finished, 164,100 units 404,100 15,594 31 Bal. ? units, 4/5 completed 15,594

Explanation / Answer

a Number of units in work in process inventory at March 31 = 9000+162000-164100= 6900 b Baking Department Equivalent Units of Production for Direct Materials and Conversion Costs For March Whole Units Direct Materials Conversion Equivalent Units Equivalent Units Inventory in process, March 1 9000 0 1800 Started and completed in March 155100 155100 155100 Transferred to finished goods in March 164100 155100 156900 Inventory in process, March 31 6900 6900 5520 Total 171000 162000 162420

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