Chocolates by Jacki has provided information relating to its current year. The Controller 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 cell, "=B7" 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 reference is "locked" by putting a dollar sign ($) before the column and row references. By default a cell reference is relative, so when you copy a formula to another cell the values update based on a relative reference. For example, if you copy the formula "=B8+B9" from cell C1 to cell C2, the formula in cell C2 will relatively update to be "-B9+B10 since the copied formula moved down one cell, the formula cell references also moved down one cell. Conversely, by adding the absolute cell reference "locks" to the equation, the formula will not change when copied to any other cell. For example, =$B$8+$B$9" written in cell C1 is copied to cell C2, the formula in cell C2 will remain =$B$8+$B$9. You can also use a mixed cell reference by only "locking" the column or row only ($B8 or B$8) 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 "=B$8+B9" from cell C1 to cell C2, the formula in cell C2 will update to be "=B$8+B10 since 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 / (forward slash to divide). From the Excel Simulation below, if in a blank cell "=B18+B19" was entered, the formula would add the values from those cells and output the result, or 250,000 in this example. If 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 cell "=SUM(B13,B14,B15)" 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 cell =SUM(B13:B15)" 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. The following information relates to overhead cost at Chocolates by Jacki for the current year. Total costs and distribution of resource consumption across activity cost pools: Production Department: Indirect factory wages Factory equipment depreciation Factory utilities Activity Cost Pools Total Cost Customer Orders Product Development Customer Relations Other Total $ 400,000 50% 30% 15% 5% 100% 150,000 55% 30% 0% 15% 100% 120,000 59% 34% 0% 7% 100% 75,000 57% 33% 0% 10% 100% Factory property taxes and insurance General Administrative Department: Administrative wages and salaries 275,000 20% 10% 40% 30% 100% Office equipment depreciation 40,000 32% 16% 15% 37% 100% Administrative property taxes and insurance 60,000 0% 0% 0% 100% 100% Marketing Department: Marketing wages and salaries Selling expenses 150,000 20% 10% 40% 30% 100% 100,000 32% 16% 15% 37% 100% Use the data to complete a First-Stage Allocation to Activity Cost Pools. When completing the table, copy formulas as appropriate. Production Department: General Administration Department: Marketing Department: Total Activity Cost Pools Total