Question: the following information concerns production in the baking department for...
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.|
|March||1||Bal., 6,000 units, 3/5 completed||22,800|
|31||Direct materials, 108,000 units||205,200||228,000|
|31||Goods finished, 109,500 units||304,170||10,710|
|31||Bal. ? units, 3/5 completed||10,710|
a. Determine the number of units in work in
process inventory at March 31.
How many units were in process during the period? How many units were completed during the period?
b. Determine the equivalent units of production for direct materials and conversion costs in March. If an amount is zero, enter in "0".
|Equivalent Units of Production for Direct Materials and Conversion Costs|
|Whole Units||Direct Materials
|Conversion Equivalent Units|
|Inventory in process, March 1|
|Started and completed in March|
|Transferred to finished goods in March|
|Inventory in process, March 31|
When are the materials added to the units? How much more needs to be done to the beginning units with respect to conversion costs to complete the units? How much has been added to the units in ending work in process inventory with respect to materials and conversion?