Further info is in the attached images

For the Excel part of the question give the solutions in the form of the Excel equations. Please and thank you! :)

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.

Here is the excel file: https://ezto.mheducation.com/extMedia/bne/accounting/garrison_17e/Applying_Excel/Chapter_4_Applying_Excel_Student_Form.xls

Thank you!

A1 ' : fx Chapter 4: Applying Excel A A | B l c l D 1_ Chapter 4: Applying Excel 2 i Data 4_ Beginning work in process inventory: 5_ Units in process 200 6_ Completion with respect to materials 55% L Completion with respect to conversion 30% 8 Costs in the beginning work in process inventory: 9_ Materials cost $9,600 3 Conversion cost $5,575 ii Units started into production during the period 5,000 1L Costs added to production during the period: 1; Materials cost $368,600 ii Conversion cost $350,900 g Ending work in process inventory: 11 Units in process 400 1 Completion with respect to materials 40% ii Completion with respect to conversion 25% 19 20 Entera formula into each ofthe cells marked with a ? below 21 2; Weighted Average method: 23 2: Equivalent Units ameductian 2; Materials Conversion 23 Units transferred to the next department 9 9 21 Equivalent units in ending work in process inventory: 21 Materials 9 21 Conversion 9 2g Equivalent units of production 9 9 31 31 Costs per Equivalent Unit 3 Materials Conversion 2i Cost of beginning work in process inventory 9 9 3: Costs added during the period 9 9 33 Total cost 9 9 2i Equivalent units of production 9 9 3i Cost per equivalent unit 9 9 39 Costs of Ending Work in Process inventory and the Units Transferred Out g Materials Conversion Total g Ending work in process inventory: g Equivalent units 9 9 4: Cost per equivalent unit 9 9 g Cost of ending work in process inventory 9 9 46 1 Units completed and transferred out: i Units transferred to the next department 9 9 Cost per equivalent unit 9 9 3 Cost of units transferred out 9 9 51 :2 Cost Reconciliation 5i Costs to be accounted for: 51 Cost of beginning work in process inventory 9 51 Costs added to production during the period 9 {E Total cost to be accounted for 9 5i Costs accounted for as follows: i Cost of ending work in process inventory 9 3 Cost of units transferred out 9 60 Total cost accounted for 9 \fRequired information The Chapter 4 Form worksheet is to be used to create your own worksheet version of Exhibit 45 and Exhibit 48 in the text. Requirement 2: Change all of the numbers in the data area of your worksheet so that it looks like this: A B C 1 Chapter 4: Applying Excel 2 3 Data 4 Beginning work in process inventory: 5 Units in process 500 6 Completion with respect to materials 15 % 7 Completion with respect to conversion 70 % 8 Costs in the beginning work in process inventory: 9 Materials cost $ 1,055 10 Conversion cost $ 29,691 11 Units started into production during the period 17,100 12 Costs added to production during the period: 13 Materials cost $ 239,893 14 Conversion cost $ 1,447,477 15 Ending work in process inventory: 16 Units in process 200 17 Completion with respect to materials 30 % 18 Completion with respect to conversion 20 % 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? (b) What is the equivalent units of production for conversion? (c) What is the cost per equivalent unit for materials? (Round your answer to 2 decimal places.) (cl) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.) (e) What is the cost of the units transferred out? (Round your cost per equivalent unit to 2 decimal places.) 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 70% to 80%, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this: A Chapter 4: Applying Excel Data Beginning work in process inventory: Units in process Completion with respect to materials Completion with respect to conversion Costs in the beginning work in process inventory: VOWNCHU'I-wal-k Materials cost H 0 Conversion cost 11 Units started into production during the period 17,100 12 Costs added to production during the period: 13 Materials cost $ 239,893 14 Conversion cost $ 1,447,477 15 Ending work in process inventory: 16 Units in process 17 Completion with respect to materials 18 Completion with respect to conversion 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? (b) What is the equivalent units of production for conversion? ((3) What is the cost per equivalent unit for materials? (Round your answer to 2 decimal places.) (cl) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.) (e) What is the cost of the units transferred out? (Round your cost per equivalent unit to 2 decimal places.)