Question;Lab 5 of 6: WIP ReportNote!Submit your assignment to the Dropbox located on the silver tab at the top of this page.(See the Syllabus section "Due Dates for Assignments & Exams" for due dates.)LAB OVERVIEWAssignmentPointsDescriptionWIP Report20Construct a WIP report using any format of your choosing using data provided to you. Ensure that the report meets the specifications noted in the following directions.Total20A quality table will meet the above requirements.Scenario and SummaryConstruct a WIP (work-in-process) report using the data below. The format must include all of the information in the table below and show an overall cost for each week and a summary cost for each week.This table contains work-in-process values in U.S. dollars.Item #Week #CostLocationM352317$90Raw MaterialsM861921$385Raw MaterialsM185121$50Raw MaterialsM278722$60Raw MaterialsM278622$780Raw MaterialsM339124$160Raw MaterialsM146728$650Raw MaterialsP747220$25Purchased MaterialsP442323$1,050Purchased MaterialsP131424$168Purchased MaterialsP278328$670Purchased Materials67512124$720Fabricated Parts67512224$360Fabricated Parts67511127$540Fabricated Parts67511227$1,440Fabricated Parts67511327$1,620Fabricated Parts67521027$360Fabricated Parts67522027$180Fabricated Parts67523027$810Fabricated Parts67511027$480Assemblies67512027$840Assemblies67510028$250Assemblies67520028$720Assemblies67500029$460AssembliesDeliverablesConstruct a WIP report meeting the above stated requirements. Submit a copy of your report in an MS Word document.LAB STEPSSubmission of WIP ReportBack to TopSubmit your completed Lab assignment for grading.
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