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Please show formulas for each Project One Part Four Problem (10 points) Durable Wear manufactures two sizes of polo shirts, medium and large. Both sizes

image text in transcribedPlease show formulas for each

Project One Part Four Problem (10 points) Durable Wear manufactures two sizes of polo shirts, medium and large. Both sizes go through cutting, assembling and finishing departments. The company uses operation costing. Durable Wear's conversion costs applied to products for the month of October were: Cutting Department $60,000, Assembly Department $60,000, and Finishing Department $30,000. October had no beginning or ending work-in-process inventory. The quantities and direct materials costs for October follow: Direct Job Number Size Quantity Materials 601 Medium 10,000 $50,000 602 Large 20,000 $110,000 Each shirt, regardless of size, required the same cutting, assembly and finishing operations. Required: Complete both unit cost and total cost for each shirt size produced in October by using Excel formulas to support your answers' calculations. Medium Large Job 601 Job 602 Conversion: Cutting Conversion: Assembly Conversion: Finishing Total cost per unit Medium shirt total cost Large shirt total cost Total Product Cost

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