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use excel please Marine Supply Company manufactures boat products. Its products move through two departments: development and packaging. Production and cost data for the packaging

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Marine Supply Company manufactures boat products. Its products move through two departments: development and packaging. Production and cost data for the packaging department are as follows: Work in process inventory, March 1 (16,000 units) Costs transferred in Materials cost Conversion costs (30% complete) Costs incurred in March Transferred in (200,000 units) Materials cost Conversion costs $ 18,480 5,440 3,584 $150,000 68,000 112,000 All materials are added at the beginning of the packaging process. Ending inventory consists of 24,000 units, 100% complete as to materials and 60% complete as to conversion. Prepare a production cost report for the packaging department for March. Use the average cost method

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