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Please give step by step on how to do this and thanks. Check your worksheet by changing the beginning work in process inventory to 300

Please give step by step on how to do this and thanks.

Check your worksheet by changing the beginning work in process inventory to 300 units, the units started into production during the period to 18,200 units, and the units in ending work in process inventory to 500 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 $20.78 and the cost per equivalent unit for conversion should be $19.67. If you do not get these answers, find the errors in your worksheet and correct them.

Data

Beginning work in process inventory:

Units in process

200

Completion with respect to materials

55%

Completion with respect to conversion

30%

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:

Materials cost

$368,600

Conversion cost

$350,900

Ending work in process inventory:

Units in process

400

Completion with respect to materials

40%

Completion with respect to conversion

25%

Enter a formula into each of the cells marked with a ? below

Weighted Average method:

Equivalent Units of Production

Materials

Conversion

Units transferred to the next department

?

?

Equivalent units in ending work in process inventory:

Materials

?

Conversion

?

Equivalent units of production

?

?

Costs per Equivalent Unit

Materials

Conversion

Cost of beginning work in process inventory

?

?

Costs added during the period

?

?

Total cost

?

?

Equivalent units of production

?

?

Cost per equivalent unit

?

?

Costs of Ending Work in Process Inventory and the Units Transferred Out

Materials

Conversion

Total

Ending work in process inventory:

Equivalent units

?

?

Cost per equivalent unit

?

?

Cost of ending work in process inventory

?

?

?

Units completed and transferred out:

Units transferred to the next department

?

?

Cost per equivalent unit

?

?

Cost of units transferred out

?

?

?

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

?

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