Question: For the question marks, please put the formula in (ex. =B4*C12) thank you! 200 55% 30% Data Beginning work in process inventory: Units in process

 For the question marks, please put the formula in (ex. =B4*C12)thank you! 200 55% 30% Data Beginning work in process inventory: Units

For the question marks, please put the formula in (ex. =B4*C12)

thank you!

200 55% 30% Data Beginning work in process inventory: Units in process Completion with respect to materials Completion with respect to conversion Costs in the beginning work in process inventory: Materials cost Conversion cost Units started into production during the period Costs added to production during the period: Materials cost Conversion cost Ending work in process inventory: Units in process Completion with respect to materials Completion with respect to conversion $9,600 $5,575 5,000 $368,600 $350,900 400 40% 25% Enter a formula into each of the cells marked with a ? below Weighted Average method: Conversion ? Equivalent Units of Production Materials Units transferred to the next department ? Equivalent units in ending work in process inventory: Materials ? Conversion Equivalent units of production ? ? ? Costs per Equivalent Unit Cost of beginning work in process inventory Costs added during the period Total cost Equivalent units of production Cost per equivalent unit Materials ? ? ? Conversion ? ? ? ? ? ? ? Total Costs of Ending Work in Process Inventory and the Units Transferred Out Materials Conversion 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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!