Show me how to solve step by step $.$ Please use Excel in the breakdown so it is easier to follow. Please explain how you are you getting your numbers. I don't understand where the beginning inventory number came from. Question $8\mathrm{.}4($Total: $30$ marks$)$ Shred Zeppelin Company uses a process cost system for making skateboard wheels. Materials are added at the beginning of the process and conversion costs are uniformly incurred. At the beginning of September the work$-$in$-$process is $40$ percent complete and at the end of the month it is $60$ percent complete. Spoilage is detected at the end of the process. Other data for the month include: Required $1.$ Prepare a production cost worksheet assuming that spoilage is recognized and the weighted$-$average method is used. $2.$ Prepare journal entries to record transferring out of cost from the work$-$in$-$process accounts.