1. Please enter the correct formula for each question mark. Please give the answer plus the cell references/formulas used to answer this excel file.

1 Chapter 12: Applying Excel 3 Data 4 Exhibit 12-7 Santa Maria Wool Cooperative 5 Cost of wool 6 Cost of separation process 7 Sales value of intermediate products at split-off point 8 Undyed coarse wool 9 Undyed fine wool 10 Undyed superfine wool 11 Costs of further processing (dyeing) intermediate products 12 Undyed coarse wool 13 Undyed fine wool 14 Undyed superfine wool 15 Sales value of end products 16Dyed coarse wool 17Dyed fine wool 18 Dyed superfine wool 19 20 Enter a formula into each of the cells marked with a ? below 21 Example: Joint Product Costs and the Contribution Approach S200,000 $40,000 S120,000 S150,000 S60,000 S50,000 S60,000 10,000 S160,000 S240,000 S90,000 23 Analysis of the profitability of the overall operation: 24 Combined final sales valuce 25 Less costs of producing the end products 26 Cost of wool 27 Cost of separation process 28 Combined costs of dyeing 29 Profit 30 31 Analysis of sell or process further: 32 Coarse uperfine Wool ine Wool Wool 34 Final sales value after further processi 35 Less sales value at the split-off point 36 Incremental revenue from further processin 37 Less cost of further processing (dyeing) 38 Financial advantage (disadvantage) of further processing 39 40