Download the Applying Excel form and enter formulas in all cells that contain question marks. Enter formulas in the cells that contain question marks. For example, in cell C17 enter the formula" 88"810" After entering formulas in all of the cells that contained question marks, verify that the calculated numbers match the numbers in the Review Problem Check your worksheet by reducing the direct labor-hours for the Deluxe model in cell 810 from 5 to 2. The Deluxe model's unit product cost under traditional costing should now be $74.00 and the ABC unit product cost should be $143.89. If you do not get these results, find the errors in your worksheet and correct them Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse" Next, click "Save." You will use this worksheet to answer the questions in Part 2. Chapter & Applying Excel Enter a formule into each of the cells marked with a 7 below Review Problem: Activity-Based Costing Data Deluve Tourist Annual sales in units Direct materials per unit Direct labor-hours per unit Direct labor rale 2,000 10,000 $25 $17 5 4 $12 per DLH Estimated Overhead Activities and Activity Measures Cost Deluxe Expected Activity Tourist Total Labor related (direct labor-hours) $ 80,000 " 7 Machine setups (setups) 150,000 3,000 2,000 7 Production orders (orders) 70,000 100 300 7 General factory (machine-hours) 250.000 12,000 28,000 Compute the predetermined overhead rate Estimated total manufacturing overhead (a) Estimated total amount of the allocation base (b) Predetermined overhead rale (a) (b) Compute the manufacturing overhead applied Direct labor-hours per unit (a) Predetermined overhead rate (b) Delive 7OLMS DLH per DLH Tourist per DLH OLHS 7 per DLH Manufacturing overhead applied per unit (a) (b) ? Compute traditional unit product costs Delive Tourist Direct materials Direct labor Manufacturing overhead applied Traditonal unit product cost Compute activity rates Advies Laber related Machine setups 7 7 7 " 2 7 Estimated Overhead Cost 2 Total Expected Activity OLMS Activity Rate per DLH ups 7 per setup Production orders " 7 7 orders 7MHs per M General factory Compute the ABC overhead cost per unit Activities Labor related Machine setups Production orders General factory Total overhead cost assigned (a) Number of units produced (b) ABC overhead cost per unit (a)+(b) Compute the ABC unit product costs Direct materials Direct labor ABC overhead cost per unt (see above) ABC unit product cost Deluxe Touret Activity Rate Expected Activity Expected Amount Activity Amount 9 ? 7 7 2 " 9 " 2 2 7 2 9 2 . 2 Deluxe Tourat " 9 " " ? 2 2 ? Download the Applying Excel form and enter formulas in all cells that contain question marks. Enter formulas in the cells that contain question marks. For example, in cell C17 enter the formula - 88*810" After entering formulas in all of the cells that contained question marks, verify that the calculated numbers match the numbers in the Review Problem Check your worksheet by reducing the direct labor-hours for the Deluxe model in cell B10 from 5 to 2. The Deluxe model's unit product cost under traditional costing should now be $74.00 and the ABC unit product cost should be $143.89. If you do not get these results, fmd the errors in your worksheet and correct them. Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2