Activity Cost Pools using Excel's Absolute Cell Referencing and Basic Math Functions Chocolates by Jack has provided information relating to its current year. The Controter has asked you to complete a first stage Allocation to Activity Cost Pools. Use the information included in the Excel Simulation and the Excel functions described below to complete the task Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank celler was entered the formula would output the result from cell B7, or 400,000 in this example, Absolute Reference: Allows you to maintain the original cell reference when a formula is copied to another cell. The cell references locked" by putting a dollar sign (5) before the column and row references. By default a cell reference is relative, so when you copy a formula to another cell the values update based on a relative reference. For example, if you copy the formula 88.89" from cell Citocell C2, the formula in cell C2 will relatively update to be-89B10" since the copied formula moved down one cell the formula cell references also moved down one cell Conversely, by adding the absolute cell reference "locks to the equation, the formula will not change when copied to any other cell. For example, 5858+$899 written in cell Clis copied to cell C2, the formula in cell C2 will remain 5858-5899" You can also use a mixed cell reference by only locking the column or row only (588 or 058) which locks that specific column or row and the other reference becomes a relative reference and moves with the formula as its copied to another cell For example, if you copy the formula 058 09" from cell C1to cel C2, the formula in cell C2 will update to be 858-010 snce the copied formula moved down one cell, the formula cell relative references also moved down one cell, but the absolute locked" reference remained the same Basic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys plus sign to add).- (minus sign to subtract)." (asterisk sign to multiply), and/orward slash to divide). From the Excel Simulation below.irina blank cell-618-619" was entered the formula would add the values from those cells and output the result, or 250.000 in this example using the other math symbols the result would output an appropriate answer for its function SUM function: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to utilize this function. From the Excel Simulation below. If in a blank cel -SUMB13,814,815," was entered the formula would output the result of adding those three separate cells, or 375,000 in this example. Similarly, if in a blank cellSUM813.815)" was entered, the formula would output the same result of adding those cells, except they are expressed as a range in the formula, and the result would be 375,000 in this example, BH). FILE first-Stage Allocation to Activity Cost Pools cal PAGE LAYOUT FORMAS DATA REVIEW 6 X Sign in VIEW INSERT 150 R % H F Activity Cost Pools using Excel's Absolute Cell Referencing and Basic Math Functions Chocolates by Jack has provided information relating to its current year. The Controter has asked you to complete a first stage Allocation to Activity Cost Pools. Use the information included in the Excel Simulation and the Excel functions described below to complete the task Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank celler was entered the formula would output the result from cell B7, or 400,000 in this example, Absolute Reference: Allows you to maintain the original cell reference when a formula is copied to another cell. The cell references locked" by putting a dollar sign (5) before the column and row references. By default a cell reference is relative, so when you copy a formula to another cell the values update based on a relative reference. For example, if you copy the formula 88.89" from cell Citocell C2, the formula in cell C2 will relatively update to be-89B10" since the copied formula moved down one cell the formula cell references also moved down one cell Conversely, by adding the absolute cell reference "locks to the equation, the formula will not change when copied to any other cell. For example, 5858+$899 written in cell Clis copied to cell C2, the formula in cell C2 will remain 5858-5899" You can also use a mixed cell reference by only locking the column or row only (588 or 058) which locks that specific column or row and the other reference becomes a relative reference and moves with the formula as its copied to another cell For example, if you copy the formula 058 09" from cell C1to cel C2, the formula in cell C2 will update to be 858-010 snce the copied formula moved down one cell, the formula cell relative references also moved down one cell, but the absolute locked" reference remained the same Basic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys plus sign to add).- (minus sign to subtract)." (asterisk sign to multiply), and/orward slash to divide). From the Excel Simulation below.irina blank cell-618-619" was entered the formula would add the values from those cells and output the result, or 250.000 in this example using the other math symbols the result would output an appropriate answer for its function SUM function: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to utilize this function. From the Excel Simulation below. If in a blank cel -SUMB13,814,815," was entered the formula would output the result of adding those three separate cells, or 375,000 in this example. Similarly, if in a blank cellSUM813.815)" was entered, the formula would output the same result of adding those cells, except they are expressed as a range in the formula, and the result would be 375,000 in this example, BH). FILE first-Stage Allocation to Activity Cost Pools cal PAGE LAYOUT FORMAS DATA REVIEW 6 X Sign in VIEW INSERT 150 R % H F