Question: Please answer the question in the format of the second screenshot. Screenshot 2: Prepare a Cost of Production Report for the following information. Use this

Please answer the question in the format of the second screenshot.

Please answer the question in the format of the second screenshot. Screenshot

Screenshot 2:

2: Prepare a Cost of Production Report for the following information. Use

Prepare a Cost of Production Report for the following information. Use this file: Chp 20 Exam COP Report.xlsx Upload your completed report. Melting Department Information: U Cost of Production Report Chp 20 Exam \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multirow{2}{*}{ Quantity Schedule } & & & & & \multicolumn{5}{|c|}{ \% This Month } & & \multirow[b]{2}{*}{ Quantity } \\ \hline & & & & & Material & \multicolumn{2}{|r|}{ Labor } & \multicolumn{2}{|r|}{ Overhead } & & \\ \hline \multirow{2}{*}{\multicolumn{12}{|c|}{ Beginning Inventory }} \\ \hline & & & & & & & & & & & \\ \hline \multicolumn{12}{|c|}{ Received from Previous Department (Started) } \\ \hline & & & & & & & & & & & \\ \hline \multirow{2}{*}{\multicolumn{12}{|c|}{ Transferred to Next Dept. or Fin. Goods (Finished) }} \\ \hline & & & & & & & & & & & \\ \hline \multicolumn{12}{|l|}{ Ending Inventory } \\ \hline & & & & & & & & & & & \\ \hline Cost Charged to Department & & & & & & & Total & & UnitsEquivalent & & Unit \\ \hline & & $ & & & & \\ \hline \multicolumn{12}{|l|}{ Cost added during the current period: } \\ \hline & $ & & & & & = & \\ \hline \multicolumn{5}{|c|}{ Labor.} & $ & & & & & = & \\ \hline \multicolumn{5}{|c|}{ Factory Overhead } & $ & & & & & = & \\ \hline \multicolumn{12}{|c|}{ Total cost added during current period } \\ \hline \multicolumn{5}{|c|}{ Total cost charged to the department } & & & $ & & & & $ \\ \hline Cost Accounted for as Follows & Units & & PercentCur.Month & & UnitsEquivalent & & Unit & & Sub & & \begin{tabular}{l} Total \\ Cost \end{tabular} \\ \hline \multicolumn{12}{|l|}{ Transferred to Next Dept. or Fin. Goods Inventory: } \\ \hline \multicolumn{12}{|l|}{ From beginning inventory } \\ \hline \multicolumn{5}{|c|}{ Beginning Balance.} & & & & & $ & & \\ \hline \multicolumn{12}{|l|}{ Cost to complete this period: } \\ \hline Labor......... & & x & & = & & x & & = & & & \\ \hline Factory Overhead ....... & & x & & = & & x & & = & & & $ \\ \hline Started and completed this period.. & & x & & = & & x & & & & = & \\ \hline \multicolumn{10}{|c|}{ Total cost Trans. To Next Dept. or Fin. Goods } & & $ \\ \hline & & & & & & & & & & & \\ \hline \multicolumn{12}{|l|}{ Work in Process, ending inventory: } \\ \hline Material & & x & & = & & x & & = & & & \\ \hline Labor. & & x & & = & & x & & = & & & \\ \hline Factory Overhead ............ & & x & & = & & x & & = & & & \\ \hline & $ \\ \hline & & & & & & & & +1 & & & \\ \hline Computation of EUP's: & & % & & & & & & & & & \\ \hline BI & & 0% & & & & & Finished =BI+S8 & & & & \\ \hlineS&C & & 0% & & & & & & & & & \\ \hline El & & 0% & & & & & Started =S&C+ & & & & \\ \hline & TOTAL & & & & & & & & & & \\ \hline \end{tabular}

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