Check your worksheet by changing the beginning work in process inventory to 100 units, the units started into production during the period to 2,500 units, and the units in ending work in process inventory to 200 units, keeping all of the other data the same as in the original example. If your worksheet is operating properly, the cost per equivalent unit for materials should now be $152.50 and the cost per equivalent unit for conversion should be $145.50. If you do not get these answers, find the errors in your worksheet and correct them. (please add formula's to each answer)

200 55% 30% $9,600 $5,575 5,000 3 Data 4 Beginning work in process inventory: 5 Units in process 6 Completion with respect to materials 7 Completion with respect to conversion 8 Costs in the beginning work in process inventory: 9 Materials cost 10 Conversion cost 11 Units started into production during the period 12 Costs added to production during the period: 13 Materials cost 14 Conversion cost 15 Ending work in process inventory: 16 Units in process 17 Completion with respect to materials 18 Completion with respect to conversion 19 20 Enter a formula into each of the cells marked with a ? below 21 22 Weighted Average method: $368,600 $350,900 400 40% 25% 23 Conversion ? ? 24 Equivalent Units of Production 25 Materials 26 Units transferred to the next department 27 Equivalent units in ending work in process inventory: 28 Materials 29 Conversion 30 Equivalent units of production 31 ? ? ? ? 32 Total ? Costs per equivalent unit 33 Materials Conversion 34 Cost of beginning work in process inventory ? ? 35 Costs added during the period ? ? 36 Total cost ? ? 37 Equivalent units of production ? ? 38 Cost per equivalent unit ? ? 39 40 Costs of Ending Work in Process Inventory and the Units Transferred Out 41 Materials Conversion 42 Ending work in process inventory: 43 Equivalent units ? ? 44 Cost per equivalent unit ? ? 45 Cost of ending work in process inventory ? ? 46 47 Units completed and transferred out: 48 Units transferred to the next department ? ? 49 Cost per equivalent unit ? ? 50 Cost of units transferred out ? ? 51 52 Cost Reconciliation 53 Costs to be accounted for: 54 Cost of beginning work in process inventory ? 55 Costs added to production during the period ? 56 Total cost to be accounted for ? 57 Costs accounted for as follows: 58 Cost of ending work in process inventory ? 59 Cost of units transferred out ? 60 Total cost accounted for ? ? Chapter 4 Form +