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Please answer with excel formulas! B D 1 Chapter 4: Applying Excel 2 3 Data 4 Beginning work in process inventory 5 Units in process
Please answer with excel formulas!
B D 1 Chapter 4: Applying Excel 2 3 Data 4 Beginning work in process inventory 5 Units in process 200 6 Completion with respect to materials 55% 7 Completion with respect to conversion 30% 8 Costs in the beginning work in process inventory 9 Materials cost $9.600 10 Conversion cost $5,575 11 Units started into production during the period 5,000 12 Costs added to production during the period: 13 Materials cost $368,600 14 Conversion cost $350,900 15 Ending work in process inventory 16 Units in process 400 17 Completion with respect to materials 40% 18 Completion with respect to conversion 25% 19 20 Enter a formula into each of the cells marked with a ? below 21 22 Weighted Average method: 23 24 Equivalent Units of Production 25 Materials Conversion 26 Units transferred to the next department 4,800 4.800 27 Equivalent units in ending work in process inventory 28 Materials 160 29 Conversion 100 30 Equivalent units of production 4,960 4,900 31 32 Costs per Equivalent Unit 33 Materials Conversion 34 Cost of beginning work in process inventory $ 9,600 $ 5,575 35 Costs added during the period $368,600 $350.900 36 Total cost $ 378,200 $ 356,475 37 Equivalent units of production 4.960 4,900 38 Cost per equivalent unit ? 39 40 Costs of Ending Work in Process Inventory and the Units Transferred Out 41 Materials Conversion Total 42 Ending work in process inventory 43 Equivalent units ? 100 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 ? 2 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 ? ? ? ? 61
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