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In: AccountingRevised Problem 4-29Moravia Company processes and packages creamcheese.The following data have been compiled...Revised Problem 4-29Moravia Company processes and packages creamcheese.The following data have been compiled for the monthof June. Conversion activityoccurs uniformly throughout the productionprocess.Work in process, June 1 - 60,000 units:Direct material: 100% complete cost of110,000Conversion: 30% complete, cost of43,000Balance in work in process, June 1153,000Units started during June180,000Units completed during June and transferred out tofinished-goods inventory210,000Work in process, June 30:Direct material: 100% completeConversion: 80% completeCosts incurred during June:Direct material420,000Conversion costs:Direct labor93,250Applied manufacturing overhead283,400Total conversion costs376,650Required: Prepare schedules to accomplish each ofthe following process-costing steps for the monthof June. Use the weighted-average method of processcosting.1. Analysis of physical flow of units.2. Calculation of equivalent units.3. Computation of units costs.4. Analysis of total costs.5. Construct an Excel spreadsheet and show all ofthe preceding requirements Show how the solution wouldchange if the following data change: June 1 work-in-process costs were $84,000 for directmaterial and $26,000 for conversion.