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2.cengagenow.com projects simnet SiMnet Keep IT SMplel Cloud Yahoo Google Wpedia Facebock Twitter Linkedin The Weather Channel TripAdvisor elp HOMEWORK FOR EXAM 1 (Chapters 1, 6 Equivalent Units of Production The following information concems production in the Baking Department for March. All direct materiais are placed in process at the beginning of ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Debit Credit Mar 1 Bal, 5,400 units, 2/3 completed 31 Direct materials, 97,200 units 31 Direct labor 5,040 41,120 178,810 200,016 92,120 7,896 7,896 37,690 1,206 Factory overhead 31 Goods finished, 50,400 units 81 Bal. units, 4/5 completed 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 convenon costs in March. Er an unt zero, enter in "O" Equivalent Units of Production for Direct Materials and Conversion Costs Equlvalert Units ualent Units Previous Next 838 5 8 9 0 E R

Explanation / Answer

a.

Working:

b.

Ending work-in-process inventory 4200 units

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