Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2. Change the total fixed manufacturing overhead cost for the Milling Department in Data area back to $390,000, keeping all of the other data the

image text in transcribed
image text in transcribed
2. Change the total fixed manufacturing overhead cost for the Milling Department in Data area back to $390,000, keeping all of the other data the same as in the original example. Consider a new job, Job 408, with the following characteristics: B A Chapter 2: Applying Excel 1 2 3 Cost summary for Job 408 4 5 Department + Milling Assembly 60 4 7 40 870 $ 420 126 $ 680 Machine-hours Direct labor-hours Direct materials cost Direct labor cost 6 7 $ 8 $ In your worksheet, enter this new data in the cells for Job 407. What is the new selling price for Job 408? (Round your final answer to 2 decimal places.) Answer is complete but not entirely correct. Selling price for Job 408 $ 3,932.00 3. Without changing the data for the job from requirement 2 above, what is the selling price for Job 408 if the total number of machine-hours in the Assembly Department increases from 3,000 machine-hours to 4,000 machine hours? (Round your final answer to 2 decimal places.) Answer is complete but not entirely correct. Selling price for Job 408 $ 3,032.00 GO Dro 2. Change the total fixed manufacturing overhead cost for the Milling Department in Data area back to $390,000, keeping all of the other data the same as in the original example. Consider a new job, Job 408, with the following characteristics: B A Chapter 2: Applying Excel 1 2 3 Cost summary for Job 408 4 5 Department + Milling Assembly 60 4 7 40 870 $ 420 126 $ 680 Machine-hours Direct labor-hours Direct materials cost Direct labor cost 6 7 $ 8 $ In your worksheet, enter this new data in the cells for Job 407. What is the new selling price for Job 408? (Round your final answer to 2 decimal places.) Answer is complete but not entirely correct. Selling price for Job 408 $ 3,932.00 3. Without changing the data for the job from requirement 2 above, what is the selling price for Job 408 if the total number of machine-hours in the Assembly Department increases from 3,000 machine-hours to 4,000 machine hours? (Round your final answer to 2 decimal places.) Answer is complete but not entirely correct. Selling price for Job 408 $ 3,032.00 GO Dro

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

Fundamentals Of Accounting And Financial Analysis

Authors: Anil Chowdhury

1st Edition

9788131702024, 9788131776070

More Books

Students also viewed these Accounting questions

Question

Discuss some of the principles of effective oral communication.

Answered: 1 week ago

Question

Which of the sources is most cost effective?

Answered: 1 week ago