Question: Please answer in excel format with formulas included D E F G H J B 1 Process Costing 2 3 Jones Company records the following

Please answer in excel format with formulas included H J B 1 Process Costing 2 3 Jones Company records the

D E F G H J B 1 Process Costing 2 3 Jones Company records the following figures for the month: 4 1 Free work cells Answer cells 3 = Transferred-In Physical Units Direct Material Conversion Cost 5 Cost 6 Beginning WIP 200 $3,000 $4,500 $3,500 7 Beginning WIP %-Complete 100% 75% 35% 8 Units Started / Added-in 4,500 $75,000 $115,000 $86,000 9 Units Completed and Transferred to FG 4,350 10 Ending WIP 350 11 Ending WIP %-Complete 100% 60% 20% 12 13 (1) Using the weighted average method, calculate the total cost that will be transferred to FG Inventory and remain in ending WIP. 14 Total To Account Completed & 15 Beginning Total Accounted Added For Transferred-Out Ending For 16 Physical Units 17 18 Transferred-In 19 % Complete 20 EU 21 $/EU 22 $ 23 24 Direct Mati 25 % Complete 26 EU 27 $/EU 28 $ 29 30 Conversion 31 % Complete 32 EU 33 $/EU 34 $ 35 36 Total Cost (2) Using the FIFO method, calculate the total cost that will be transferred to FG Inventory and remain in ending WIP. Beginning Added Total To Account Completed & For Transferred-Out Ending Total Accounted For Physical Units Transferred-In % Complete EU $/EU $ Direct Mat] % Complete EU $/EU $ Conversion % Complete EU $/EU $ Total Cost D E F G H J B 1 Process Costing 2 3 Jones Company records the following figures for the month: 4 1 Free work cells Answer cells 3 = Transferred-In Physical Units Direct Material Conversion Cost 5 Cost 6 Beginning WIP 200 $3,000 $4,500 $3,500 7 Beginning WIP %-Complete 100% 75% 35% 8 Units Started / Added-in 4,500 $75,000 $115,000 $86,000 9 Units Completed and Transferred to FG 4,350 10 Ending WIP 350 11 Ending WIP %-Complete 100% 60% 20% 12 13 (1) Using the weighted average method, calculate the total cost that will be transferred to FG Inventory and remain in ending WIP. 14 Total To Account Completed & 15 Beginning Total Accounted Added For Transferred-Out Ending For 16 Physical Units 17 18 Transferred-In 19 % Complete 20 EU 21 $/EU 22 $ 23 24 Direct Mati 25 % Complete 26 EU 27 $/EU 28 $ 29 30 Conversion 31 % Complete 32 EU 33 $/EU 34 $ 35 36 Total Cost (2) Using the FIFO method, calculate the total cost that will be transferred to FG Inventory and remain in ending WIP. Beginning Added Total To Account Completed & For Transferred-Out Ending Total Accounted For Physical Units Transferred-In % Complete EU $/EU $ Direct Mat] % Complete EU $/EU $ Conversion % Complete EU $/EU $ Total Cost

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