With the data given below we need to fill out the spreadsheet.
Data
Work in process, beginning:
Units in process	200
Completion with respect to materials	55%
Completion with respect to conversion	30%
Costs in the beginning 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
Work in process, ending:
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	110	60
Ending work in process:
Materials	160
Conversion		100
Equivalent units of production	270	160
Costs per Equivalent Unit
	Materials	Conversion
Cost of beginning work in process inventory	$ 9,600	$ 5,575
Costs added during the period	$368,600	$350,900
Total cost	$ 378,200	$ 356,475
Equivalent units of production	270	160
Cost per equivalent unit	$1,400.74	$2,227.97
Costs of Ending Work in Process Inventory and the Units Transferred Out
	Materials	Conversion	Total
Ending work in process inventory:
Equivalent units of production	270	160
Cost per equivalent unit	$1,400.74	$2,227.97
Cost of ending work in process inventory	$378,200	$356,475	$734,675
Units completed and transferred out:
Units transferred to the next department	270	160
Cost per equivalent unit	$1,400.74	$2,227.97
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	?