B > 9 1 rmation Meginnis Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,000 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $5.20 $3.75 $1.65 $2.60 $0.50 $0.40 $1.50 $0.50 If 6,000 units are produced, the total amount of direct manufacturing cost incurred is closest to: $79,200
Overhead Analysis and Preparing Schedules of Cost of Goods using Excel's SUM and Basic Math Functions Stanford Enterprises has provided its manufacturing estimated and actual data for the year end. The Controller has asked you to compute the predetermined overhead rate, the schedule of cost of goods manufactured, and the schedule of cost of goods sold. 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 cell, FE" was enteted, the formula would output the result from cell E5, of $275.000 in this example. b blank cell =E6+ET was entered, the formula would add the values from those cells and output the result, or 52760 in this exianple. if using the other math symbols the tesult would output an approoriate answer for its function. - SUM function: Aliows you to refer to mutiole cels and adds all the valuesi You can add indmidual ceil references or ianges to vulze this the same result of adding those cells, except they are expressed ss a range in the formula, and the result would be 1.214,050 in thia example. Overhead Analysis and Preparing Schedules of Cost of Goods using Excel's SUM and Basic Math Functions Stanford Enterprises has provided its manufacturing estimated and actual data for the year end. The Controller has asked you to compute the predetermined overhead rate, the schedule of cost of goods manufactured, and the schedule of cost of goods sold. 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 cell, FE" was enteted, the formula would output the result from cell E5, of $275.000 in this example. b blank cell =E6+ET was entered, the formula would add the values from those cells and output the result, or 52760 in this exianple. if using the other math symbols the tesult would output an approoriate answer for its function. - SUM function: Aliows you to refer to mutiole cels and adds all the valuesi You can add indmidual ceil references or ianges to vulze this the same result of adding those cells, except they are expressed ss a range in the formula, and the result would be 1.214,050 in thia example