2. Assume that OfficeMart places orders more frequently, but everything else remains the same on your worksheet increase the number of orders from 4 to 13. (Prior to completing this requirement, change all worksheet figures back to their original amounts.) B D E A Chapter 7: Applying Excel 1 2 3 4 Data Manufacturing overhead Selling and administrative overhead $ $ 500,000 300,000 5 0 7 Other B Assembling Units 50% 10% 1,000 Processing Orders 35% 45% 250 Manufacturing overhead Selling and administrative overhead Total activity 10% 9 Supporting Customers 5% 25% 100 customers 20% 10 11 units orders 12 13 Office Martorders 14 Customers 15 1 customer 421 (a) What is the customer margin under activity based costing when the number of orders increases to 13? (Enter a loss os o negative amount.) Como man city based costing (b) What is the product margin under the traditional costing system when the number of orders increases to 13? (Enter a loss as a negative amount.) Promargin under the traditional costing wytem (c) Which of the following statements are true? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded os incorrect.) 2 la customer orders more frequently, but orders the same total number of units over the course of a year, the customer margin under activity based costing wil decrease If a customer orders more frequently, but orders the same total number of units over the count of a year, the product margin under a traditional costing system will decrease to customer orders more frequently, but order the same total number of units over the course of a year, the customer margin under city based costing webe unaffected a customer orders more frequently, but orders the same total number of units over the course of a year, the product margin under a traditional conting system will be infected 3. OfficeMart has found an error in its data. The percentage of selling and administrative overhead attributable to processing orders should be changed to 35% from 45% and the percentage attributable to supporting customers should be changed to 35 from 255 Required information 3. UmceMart has found an error in its data. The percentage of selling and administrative overhead attributable to processing orders should be changed to 35% from 45% and the percentage attributable to supporting customers should be changed to 35% from 25% D E A Chapter 7: Applying Excel 1 2 4 Data Manufacturing overhead Selling and administrative overhead 5 $ 500.000 300 000 5 6 Other 7 Supporting Customers 5% Assembling Units 50% 10% 1 000 Processing Orders 35% 35% 250 orders 10% 20% 35% 100 customers units 8 Manufacturing overhead 9 Seling and administrative overhead 10 Total activity 11 12 13 OfficeMart orders 14 Customers 1 customer Required information 13 UNCE 14 Customers 15 Orders 16 Number of filing cabinets ordered in total 17 Selling price 18 Direct materials 19 Direct labor 1 customer 13 orders 80 units 595 $ $ 180 50 5 (a) Based on new number of orders in Requirement 2. what is the customer margin under activity based costing when the data are corrected? (Enter a loss as a negative amount.) Customer margin under activity-based costing (b) Based on new number of orders in Requirement 2. what is the product margin under the traditional costing system when the data are corrected? (Enter a loss as a negative amount) Which of the following statements are true about what happens when the percentage of selling and administrative overhead attributable to processing orders declines and the percentage of selling and administrative overhead attributable to supporting customers increases by the same amount? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 When the percentage of selling and administrative overhead butable to processing orders declines and the percentage of selling and administrative overhead attributable to supporting customers increases by the same amount couts are shifted from the processing orders COSE Next