Q2) a,b,c,d,e

Q2) a,b,c,d,e

Q3) a,b,c,d,e,f

Thank you

Chapter 4: Applying Excel: Excel Worksheet (Part 1 of 2) Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell 834 enter the formula - 39" After entering formulas in all of the cells that contained question marks, verify that the dollar amounts match the example in the text Check your worksheet by changing the beginning work in process inventory to 100 units, the units started into production during the period to 2,500 units, and the units in ending work in process inventory to 200 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 $152.50 and the cost per equivalent unit for conversion should be $145.50. If you do not get these answers, find the errors in your worksheet and correct them Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2. B D 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 colls marked with a ? below 21 22 Weighted Average method: 23 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 Materals Conversion 34 Cost of beginning work in process inventory S 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 $76.25 $72.75 39 40 Costs of Ending Work in Process Inventory and the Units Transferred Out 41 Materials Conversion 42 Ending work in process inventory Entratante Chapter 4 Form 24 Total 43 an an + Ready 549 A B D E WN 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 $76.25 $72.75 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 160 100 44 Cost per equivalent unit $76.25 $72.75 45 Cost of ending work in process inventory $12,200 $7,275 $19,475 46 47 Units completed and transferred out: 48 Units transferred to the next department 4,800 4,800 49 Cost per equivalent unit $76.25 $72.75 SO Cost of units transferred out $366,000 $349,200 $715,200 51 Cost Reconciliation 53 Costs to be accounted for: 54 Cost of beginning work in process inventory $15,175 55 Costs added to production during the period $ 719,500 56 Total cost to be accounted for $734,675 57 Costs accounted for as follows: 58 Cost of ending work in process inventory $19,475 59 Cost of units transferred out $715,200 60 Total cost accounted for $734,675 61 52 62 63 64 ! Required information Change all of the numbers in the data area or your worksheer so that it OOKS TIKE us: B 1 Chapter 4: Applying Excel 2 3 Data 600 85 % 25 % $ 17.798 $ 12.468 4 Beginning work in process inventory: 5 Units in process 6 Completion with respect to materials 7 Completion with respect to conversion 8 Costs in the beginning work in process inventory: 9 Materials cost 10 Conversion cost 11 Units started into production during the period Costs added to production during the period: 13 Materials cost 14 Conversion cost 15 Ending work in process inventory 16 Units in process 17 Completion with respect to materials 18 Completion with respect to conversion 10,000 12 $ 338,554 $ 837,348 400 10 % 60 % If your formulas are correct, you should get the correct answers to the following questions. (a) What is the equivalent units of production for materials? Equivalent units of production for materials (b) What is the equivalent units of production for conversion? Equivalent units of production for conversion (c) What is the cost per equivalent unit for materials? (Round your answer to 2 decimal places.) (c) What is the cost per equivalent unit for materials? (Round your answer to 2 decimal places.) Cost per equivalent unit for materials (d) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.) Cost per equivalent unit for conversion (e) What is the cost of the units transferred out? (Round your cost per equivalent unit to 2 decimal places.) Cost of units transferred out Requirement 3: Either print a copy of your worksheet or make a copy of the worksheet in your workbook before proceeding. You will need to refer back to this worksheet. Change the percentage completion with respect to conversion for the beginning inventory from 25% to 40%, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this: B 600 A 1 Chapter 4: Applying Excel 2 3 Data 4 Beginning work in process inventory 5 Units in process 6 Completion with respect to materials 7 Completion with respect to conversion 8 Costs in the beginning work in process inventory 9 Materials cost 10 Conversion cost 11 Units started into production during the period 12 Costs added to production during the period: 13 Materials cost 85 % 4019 5 $ 17,798 12.468 10,000 $ 338,554 Required information If your formulas are correct, you should get the correct answers to the following questions. (a) What is the equivalent units of production for materials? Equivalent units of production for materials ces (b) What is the equivalent units of production for conversion? Equivalent units of production for conversion Required information (c) What is the cost per equivalent unit for materials? (Round your answer to 2 decimal places.) Cost per equivalent unit for materials (d) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.) Cost pat equivalent unit for conversion (e) What is the cost of the units transferred out? (Round your cost per equivalent unit to 2 decimal places.) Cost of units transferred out 2 (c) What is the cost of the units transferred out? (Round your cost per equivalent unit to 2 decimal places.) 1) Which of the following statements are true? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) in the weighted average method, the percentage completion of beginning inventory has no effect on the equivalent units of production in the weighted average method, the percentage completion of beginning inventory hos no effect on the cost per equivalent unt in the weighted average method the percentage completion of beginning inventory has no effect on the cost of the units transferred out