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Problem 1 of 1 During March, the following costs were charged to the manufacturing department: $22,500 for materials; $45,625 for labor; and $50,000 for manufacturing

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Problem 1 of 1 During March, the following costs were charged to the manufacturing department: $22,500 for materials; $45,625 for labor; and $50,000 for manufacturing overhead. The records show that beginning inventory was 5,000 and 45,000 units were started in production. 40,000 units were completed and transferred, while 10,000 remained in ending inventory. Direct materials are added at the beginning of the process and partially complete units are 50% complete for conversion costs. Using the weighted-average method, prepare the company's process cost summary for the month. (show all work and all calculations in Excel-not showing work will score as a zero - grey shaded areas of the spreadsheet indicate fields that you should complete)

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