Question: THIS IS ONE QUESTION WITH MANY PARTS. PLEASE MAKE SURE TO ANSWER ALL PARTS OR I WILL DOWNVOTE YOUR ANSWER. Required Information The Chapter 4

THIS IS ONE QUESTION WITH MANY PARTS. PLEASE MAKE SURE TO ANSWER ALL PARTS OR I WILL DOWNVOTE YOUR ANSWER.

THIS IS ONE QUESTION WITH MANY PARTS. PLEASE MAKE SURE TO ANSWER

ALL PARTS OR I WILL DOWNVOTE YOUR ANSWER. Required Information The Chapter

4 Form worksheet Is to be used to create your own worksheet

version of and the text. Requirement 2: Change all of the numbers

in the data area of your worksheet so that It looks llke

Required Information The Chapter 4 Form worksheet Is to be used to create your own worksheet version of and the text. Requirement 2: Change all of the numbers in the data area of your worksheet so that It looks llke thls: If your formulas are correct, you should get the correct answers to the following questions. (a) What Is the equivalent units of production for materlals? (b) What Is the equivalent units of production for conversion? (c) What is the cost per equivalent unit for materlals? (Round your answer to 2 decimal places.) (d) What is the cost per equivalent unit for conversion? (Round your answer to 2 declmal places.) (e) What is the cost of the units transferred out? (Round your cost per equlvalent unit to 2 decimal places.) Requirement 3: Elther print a copy of your worksheet or make a copy of the worksheet in your workbook before proceeding. You will need to refer back to this worksheet Requirement 3: Elther print a copy of your worksheet or make a copy of the worksheet in your workbook before proceeding. You will need to refer back to this worksheet. Change the percentage completion with respect to conversion for the beginning inventory from 65% to 95%, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this: If your formulas are correct, you should get the correct answers to the following questions. (a) What Is the equivalent units of production for materlals? (b) What is the equivalent units of production for conversion? (c) What is the cost per equivalent unit for materlals? (Round your answer to 2 declmal places.) (d) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.) (e) What is the cost of the units transferred out? (Round your cost per equlvalent unlt to 2 declmal places.) (f) Which of the following statements are true? (You may select more than one answer. SIngle cllck the box with the questlon mark tc produce a check mark for a correct answer and double cllck the box with the questlon mark to empty the box for a wrong answer. Any boxes left with a questlon mark will be automatically graded as Incorrect.)

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