Download the Applying Excel form and enter formulas in all cells that contain question marks.

For example, in cell B34 enter the formula "= B9".

After entering formulas in all of the cells that contained question marks, verify that the dollar amounts match the example in the text.

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.

Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2.

Chapter 4: Applying Excel Data Beginning work in process inventory: \begin{tabular}{lr} Units in process & 200 \\ \hline Completion with respect to materials & 55% \\ \hline Completion with respect to conversion & 30% \\ \hline Costs in the beginning work in process inventory: & \\ Materials cost & $9,600 \\ Conversion cost & $5,575 \\ Units started into production during the period & 5,000 \\ Costs added to production during the period: & \\ \hline Materials cost & $368,600 \\ Conversion cost & $350,900 \\ \hline Ending work in process inventory: \\ \hline Units in process & 400 \\ \hline Completion with respect to materials & 40% \\ Completion with respect to conversion & 25% \end{tabular} Enter a formula into each of the cells marked with a ? below Weighted Average method: Equivalent Units of Production Units transferred to the next department ? ? Costs of Ending Work in Process Inventory and the Units Transferred Out Ending work in process inventory: \begin{tabular}{lll} Equivalent units & ? & ? \\ \hline Cost per equivalent unit & ? & ? \\ \hline Cost of ending work in process inventory & ? & ? \\ \hline \end{tabular} Units completed and transferred out: Units transferred to the next department Cost per equivalent unit Cost of units transferred out Materials Conversion Total Cost Reconciliation Costs to be accounted for: Cost of beginning work in process inventory Costs added to production during the period Total cost to be accounted for Costs accounted for as follows: Cost of ending work in process inventory Cost of units transferred out Total cost accounted for \begin{tabular}{c} ? \\ ? \\ \hline \hline? \\ \hline? \\ ? \\ \hline \hline? \\ \hline \end{tabular}