ALL ANSWERS MUST BE ENTERED AS A FORMULA!!!:)

CH 7 EXCEL Exercise i Saved 1 1. Complete the make-or-buy analysis. 2 points Skipped Book References x All answers must be entered as a formula. Click OK to begin. OK CH 7 EXCEL Exercise i Saved 1 1. Complete the make-or-buy analysis. ? - 2. points x 5. FILE HOME Prepare a make-or-buy analysis - Excel FORMULAS DAIA REVIEW INSERI PAGE LAYOUT VIEW Sign In Skipped Calibri 11 | P A % Paste BIU- A- Cells Editing Alignment Number Conditional Formal as Cell Formatting Table Styles Styles Clipboard Font eBook 12 A References B D E F G H 1 Alanco, Inc. manufactures a variety of products and is currently maunfacturing all of its own component parts. 2 An outside supplier has offered to sell one of those components to Alanco. To evaluate this offer, the following 3 information has been gathered relating to the cost of producing the component internally: 4 5 Direct materials $ 4.00 6 Direct labor 6.00 Variable manufacturing overhead 2.00 Fixed manufacturing overhead, direct* 5.00 Fixed manufacturing overhead, common but allocated 8.00 10 Total cost $ 25.00 11 12 Supplier price $ 21.00 13 14 Units used per year 12,000 15 16 *The fixed manufacturing overhead, direct 17 Depreciation of equipment (no resale value) 30% 18 Supervisor salary 70% 19 20 1. Assuming the company has no alternative use for the facilities now being used to produce the 21 component, complete the following analysis to determine if the outside supplier's offer should be accepted. 22 23 Per Unit Differential Cost Total for 12,000 units Sheet1 + READY + 100% Attempt(s) Hint CH 7 EXCEL Exercise Saved 1 1. Complete the make-or-buy analysis. x! . Prepare a make-or-buy analysis - Excel ? 7 - 6 X 2 points FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIFW Sign In Skipped Calibri -11 - A A A %6 ER- Paste BIU- Alignment Number Cells Editing Conditional Format as Cell Formatting Table Styles Styles Clipboard I Toni A eBook C36 f V D 1 References B D E F G H 19 20 1. Assuming the company has no alternative use for the facilities now being used to produce the 21 component, complete the following analysis to determine if the outside supplier's offer should be accepted. 22 23 Per Unit Differential Cost Make Buy Total for 12,000 units Make Buy 24 25 26 Cost of purchasing 27 Direct materials 28 Direct labor 29 Variable manufacturing overhead 30 Fixed manufacturing overhead, traceable 31 Fixed manufacturing overhead, common 32 Total costs 33 34 Based on this analysis, write an if statement to determine if Alanco should make or buy the component. 35 36 Alanco should Ithe component 37 38 39 40 Sheet1 + + 100% READY Attempt(s) 3/3 Hint