2 03:33 Required information The Chapter 4 Form worksheet is to be used to create your own worksheet version of Exhibit 4-5 and Exhibit 4-8 in the text. Requirement 2: Change all of the numbers in the data area of your worksheet so that it looks like this: A 1 Chapter 4: Applying Excel B C 2 ok * 3 Data 4 5 ht Beginning work in process inventory: Units in process 6 Completion with respect to materials 7 Completion with respect to conversion 400 25 % 65 % 8 Costs in the beginning work in process inventory: 9 Materials cost $ 2,370 10 Conversion cost $ 18,698 11 Units started into production during the period 11,200 12. Costs added to production during the period: 13. 14 Materials cost Conversion cost $ 263,511 $ 808,182 15 16 Ending work in process inventory: Units in process 900 17 Completion with respect to materials 90 % 18 Completion with respect to conversion 20 % 0 Required information rt 2 of 2 8 ints 03:03:19 If your formulas are correct, you should get the correct answers to the following questions. (a) What is the equivalent units of production for materials? Equivalent units of production for materials eBook Print (b) What is the equivalent units of production for conversion? Equivalent units of production for conversion Mc (c) What is the cost per equivalent unit for materials? (Round your answer to 2 decimal places.) Cost per equivalent unit for materials (d) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.) Cost per equivalent unit for conversion S www 2 of 21 (e) What is the cost of the units transferred out? (Round your cost per equivalent unit to 2 decimal places.) Cost of units transferred out 03:03:08 Book Print Requirement 3: Either print a copy of your worksheet or make a copy of the worksheet in your workbook before proceeding. You will need to refer back to this worksheet. Change the percentage completion with respect to conversion for the beginning inventory from 65% to 35 %, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this: A B C 1 Chapter 4: Applying Excel 2 3 Data 4 Beginning work in process inventory: 5 Units in process 6 Completion with respect to materials 7 Completion with respect to conversion 400 25 % 35 % 8 Costs in the beginning work in process inventory: 9 Materials cost $ 2,370 10 Conversion cost $ 18,698 11 Units started into production during the period 11,200 12 Costs added to production during the period: 13 Materials cost $ 263,511 14 Required information Requirement 3: Either print a copy of your worksheet or make a copy of the worksheet in your workbook before proceeding. You will need to refer back to this worksheet. Change the percentage completion with respect to conversion for the beginning inventory from 65% to 35%, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this: 57 A B C 1 Chapter 4: Applying Excel 2 3 Data 4 5 Beginning work in process inventory Units in process 6 Completion with respect to materials 7 Completion with respect to conversion 400 25% 35 % 8 Costs in the beginning work in process inventory: 9 Materials cost $ 2,370 10 Conversion cost $ 18,698 11 Units started into production during the period 11,200 12 Costs added to production during the period: 13 14 Materials cost Conversion cost $ 263,511 $ 808,182 15 16 Ending work in process inventory: Units in process 17 18 Completion with respect to materials 900 90 % Completion with respect to conversion 20 %