Chapter 5 Form Chapter 5: Applying Excel Using the following data, complete the worksheet providing answers wherever there is a "?". Key Formula Beginning Inventory + Added to Production = Transferred...

excel assignment


Chapter 5 Form Chapter 5: Applying Excel Using the following data, complete the worksheet providing answers wherever there is a "?". Key FormulaBeginning Inventory + Added to Production = Transferred out + ending inventory DataB+ A = T+ E Beginning work in process inventory: Units Units in process200beg invty200 Completion with respect to materials55%added5000 Completion with respect to conversion30%5200 Costs in the beginning work in process inventory: Materials cost$9,600ending WIP400 Conversion cost$5,575transfer to finished4800calculated Units started into production during the period5,0005200 Costs added to production during the period: Materials cost$368,600 Conversion cost$350,900 Ending work in process inventory: Units in process400 Completion with respect to materials40% Completion with respect to conversion25% Enter a formula into each of the cells marked with a ? below Weighted Average method: Equivalent Units of Production MaterialsConversion Units transferred to the next department?? Equivalent units in ending work in process inventory: Materials? Conversion? Equivalent units of production?? Costs per Equivalent Unit MaterialsConversion Cost of beginning work in process inventory?? Costs added during the period?? Total cost?? Equivalent units of production?? Cost per equivalent unit?? Costs of Ending Work in Process Inventory and the Units Transferred Out MaterialsConversionTotal Ending work in process inventory: Equivalent units?? Cost per equivalent unit?? Cost of ending work in process inventory??? Units completed and transferred out: Units transferred to the next department?? Cost per equivalent unit?? 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?