please don't copy and paste the previous Chegg answers. I mean this one because i saw it but I didn't understand it

The goal of this assignment is to design a spreadsheet to compute product costs for Healthy Harvest Bakery. The bakery uses a FIFO process costing system. Healthy Harvest Bakery makes breads using only natural ingredients and no added fats. The bakery makes four varieties of breads: white, wheat, sourdough and raisin. Your task is to determine the cost of raisin bread made during January The raisin bread is made in two departments: baking and packaging. In baking, the ingredients are mixed and the bread is baked. Baked loaves are then moved to packaging, where they cool before placing them in a plastic wrapper. The basic ingredients (flour, yeast, etc.) are added to the bread at the start of production in the baking department. Raisins are added to the bread in the baking department after the basic ingredients have been mixed; this occurs when the baking department is one-fourth complete with their work. The plastic wrapper is added at the end of the production process in the packaging department, after the bread has cooled. Conversion costs are incurred evenly throughout the production process in both departments. Your workbook should consist of sheets: 1. Input Sheet 2. Baking Department Cost of Production 3. Packaging Department Cost of Production The spreadsheet should be designed so that information is added into the Input Sheet only. All information in Baking and Packaging should be either references or formulas. The input section of your spreadsheet should contain the following data: Baking Department Beginning WIP Inventory Units Completed Ending WIP Inventory #units 120 5,000 80 % complete 30% 15% Cost Data: Beginning WIP Inventory Balance * Basic Ingredients used this month Raisins used this month Conversion Costs incurred this month $ 58 990 680 2,400 *Beginning WIP Costs consist of $24 for basic ingredients, $16 for raisins, and $18 for conversion costs. Packaging Department Beginning WIP Inventory Ending WIP Inventory #units 75 50 % complete 80% 50% Cost Data: Beginning WIP Inventory Balance ** Wrappers used this month Conversion Costs incurred this month $ 67 150 500 **Beginning WIP Costs consist of $62 for costs transferred in from Baking the prior depart.) and S5 for conversion costs. Your spreadsheet should produce a Cost of Production Report for each department (baking & packaging). A sample Cost of Production Report can be found on page 206 of the text. When formatting your spreadsheet, format all numbers representing dollar amounts for two decimals; format all numbers representing units to zero decimal places. Make sure that your spreadsheet is flexible enough to work for any amount of units at any stage of completion. (For example, be sure the spreadsheet still works if the units in the baking department's beginning inventory are 20% complete). Hint: this will require IF functions. Remember, a spreadsheet is most helpful when it can be reused in the future. Design this project so that Healthy Harvest Bakery could use the same spreadsheet next month to compute product costs by simply changing the input section. Healthy Harvest Bakery - FIFO Prcess Inputs January Baking Department Units Complete Unit Data Beginning WIP Inventory Units Completed Ending VIP Inventory Cost $ Begin WIP Cost $ Current Cost Data Basic Ingredients Raisens Conversion 358 14020 Packaging Department Units Complete Unit Data Beginning WIP Inventory Units Completed Ending WIP Inventory Cost $ Begin WIP Cost $ Current 4 Cost Data 5 Transferred in Wrappers 71 Conversion 36% $650 Input Sheet Baking Department Packaging Department Ready 2 Healthy Harvest Bakery - FIFO Baking January 4 5 Whole Units Basic Ingredients Raisins Conversion UNITS 6 Units charged to production 7 Inventory in process Beginning Started in Production During Month Total units accounted for by department 8 9 10 Whole Unit Beg WIP 1 Units to be assigned cost 12 13 Started and Completed 14 End WIP 15 Total units to be assigned cost 16 17 4976 16 15 Examples of IF Formulas Example of IF["input Sheet106>0.25.0 B17 Example BSD 0 Basic Ingredients Raisins Conversion Total Cost 4 #DIVIO! #DIVIO #OIVIO! $ Cost Unit Cost (Step 4) 2 Beginning Work in Process 13 Cost Added During Month Total Cost to Account For es Total Equivalent Units 26 Cost Per Equivalent Unit 27 Cost allocated to completed or partially 28 completed units (Step 5) 23 Inventory in process, Beginning - balance 30 To complete inventory in process Started and completed in month 32 Transferred out during month 33 Inventory in process, End of month Total cost assigned to department 0.821 31 $ $ $ 4,106.24 2176 9128.00 88&9%88 34 35 36 37 38 38 40 Input Sheet Baking Department Packagina Department 1 G 4 5 Healthy Harvest Bakery - FIFO 2 Packaging 3 January Equivalent Units (Step 3 Units Tranfered UNITS (Step 11 In Wrapper Conversion 6 Units charged to production Inventory in process Beginning Started in Production Duting Month Total units accounted for by department 7 3 10 Whole Units 11 Units to be assigned cost 12 Bea WIP 13 Started and Completed End WIP 15 Total units to be assigned cost 16 17 16 19 14 4990 GO Tranfered In Wrapper Conversion Total Cost 20 Cost 21 Unit Cost (Step 4) 22 Beginning Work in Process 20 Cost Added During Month 24 Total Cost to Account For 25 Total Equivalent Units 106/24 Input Sheet Baking Department Packaging Department Ready B D F G End WIP Total units to be assigned cost 4,990 Dost Tranfered in Total Cost 0 Wrapper Conversion $4,106.24 #DIVON #DIVIO #DIVO #DIVION Cost Unit Cost (Step 4) 2 Beginning Work in Process 3 Cost Added During Month 24 Total Cost to Account For 5 Total Equivalent Unas 26. Cost Per Equivalent Unit 27 Cost allocated to completed or partially 28 completed units (Step 5) 29 Inventory in process. Beginning-balance 30 To complete inventory in process 31 Started and completed in month 32 Transferred out during month 33 Inventory in process End of month 34 Total cost assigned to department 35 36 $ $.9.779.67. $ 43.5 1982624 37 38 38 40 Input Sheet Baking Department Packaging Department Ready 5