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answers have to be in formula form. thank you!! Chapter 2: Applying Excel: Excel Worksheet (Part 1 of 2) Download the Applying Excel form and
answers have to be in formula form. thank you!! Chapter 2: Applying Excel: Excel Worksheet (Part 1 of 2) Download the Applying Excel form and enter formulas in ail cells that contan question masks. The chapter 2 Form worksheet is to be used to create your own worhsheet veryion of the example in the text. Enter formulas in the celis trat contain question marks. For example, in cell 825 enter the formula "aion Afer entnoing formwilas in als of the cehs that contained question marks, verily that the amounts motch the example in the toxt. You should proceed to the requlcemens below only ster completing your wonkseer Alequired: 1. Check your workshem by changing the totai fixed manufacturing ovechead cost tor the Miling Deportmeat in the Dota area to $300,000, keeping all other data the same as in onginat example. tf your worksheet is operafing property, the total cost of Job 407 thould now be $2.350 if you do not get this answer, find the errors in your worksheet and corr viem 3 Data Markup on job cost 75% Department Machine hours 9 Direct labor-hours 10. Total fixed manufacturng overhead cost 11 Variable manulacturing overhead per machine hour 12. Variable manulacturing overhead per direct labor hour \begin{tabular}{|r|r|} \hline \multicolumn{1}{|c|}{ Miling } & Assembly \\ \hline 60,000 & 3,000 \\ \hline 8,000 & 80,000 \\ $390,000 & $500,000 \\ $200 & $3,75 \\ \hline \end{tabular} 14. Cost summary for Job 407 Department 15 Machine hours 17 Direct labor-hours 18 Direct materials 19 Direct labor cost 20 Enter a formula into each of the cells marked with a ? below 23 Step 1: Calculate the estimated total manufacturing overhead cost for each department Step 2: Calculate the predetermined overhead rate in each department 32 Milling Assembly 33 Total manufocturing overbead 34 Total machine-hours or direct labor-hours 35 Predetermined overhead rate per machine-hour or direct labor-hour 36 37 Step 3: Calculate the amount of overhead applied from both departments to Job 407 38 Ming Assembly 39 Predetermined overhead rate per machine hour or direct labor-hour 40 Machine-hours or direct labor hours for the job 41 Manulacturing overhead appbed 42 43. Step 4: Calculate the total job cost for Job 407 44 Direct materials 46 Direct labor cost 47 Manulacturing overhead appled 48 Total cost of Job 407 49 50. Step 5: Calculate the selling price for Job 407 51 Total cost of Job. 407 52 Markup 53 Seling price of Job 407 54 55
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