Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1) Start with the May Blending Dept Cost Report. Fill in the information about units and percentages of completion in the May blue box. The

1) Start with the May Blending Dept Cost Report. Fill in the information about units and percentages of completion in the May blue box. The blue box is the only place on the worksheet where you are allowed to type in numbers. FORMAT percentages as %, not as decimals. Use the % formatting icon on the Excel Ribbon (top bar of the screen)

2) Fill in the cost information in the May blue box. (Hint on finding information: Gather information from April's cost report and from the General Ledger). Format in DOLLARS and CENTS using the $ formatting icon on the ribbon. If you get a ######### it simply means your column is not wide enough (if so, drag and drop the cell line so that the cell is wider, or double click on the cell line next to the column letter to auto-size the column width.)

3) Use cell references and formulas to populate the production cost report. For example, in cell E4 you should type in the following reference: = B3. In cell E6 you should type in the following formula: = E4+E5. NOTE: DO NOT TYPE IN ANY NUMBERS. ALL CELLS SHOULD CONTAIN FORMULAS OR REFERENCES TO CELLS IN THE BLUE BOX.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cash, Corruption And Economic Development

Authors: Vikram Vashisht

1st Edition

1032096888, 9781032096889

More Books

Students also viewed these Accounting questions

Question

Find current I o in the circuit shown in Fig. 9.50. 10 50 100 40

Answered: 1 week ago

Question

What made you decide on this subfield of psychology?

Answered: 1 week ago