EXCEL FORMULAS ONLY

process costing

Open tecoveced watkbooks? Your lecent changel wane kaved. Do you want to continie working wheh rou ieft olf? 40,000 unkt were in inveriory, which 70% complete as to conversion. During the month, it started 100,000 unts. At the end of the month, follows: \begin{tabular}{|l|rrcc} 20 & & Units & Materials % & Conversion % \\ 21 & Beginning Inventory & 50,000 & 65% & 70% \\ 22 & Units Started & 100,000 & & \\ 23 & Ending Inventory & 40,000 & 70% & 35% \\ 24 & & & & \\ \hline \end{tabular} Equivalent Units of Production Cost per equivalent unit of production Assign and reconcile costs Cost of units completed and transferred out Direct materials Conversion Total cost of units completed this period Cost of units in endina inventorv cost per equivalent unit of production