Excel Project i Saved A36 Help Save & Exit Submit ! This question will be sent to your instructor for grading. ! 1 Required information Part 1 of 2 16.8 points The Chapter 13 Form worksheet is to be used to create your own worksheet version of the main example in the text. Download the Applying Excel form and enter formulas in all cells that contain question marks. 1 Chapter 13: Applying Excel A fx Incremental revenue from further processing B C D E F G H 2 3 Data 4 Exhibit 13-7 Santa Maria Wool Cooperative 5 Cost of wool $200,000 6 Cost of separation process $40,000 7 Sales value of intermediate products at split-off point: 8 Undyed coarse wool $120,000 9 Undyed fine wool $150,000 10 Undyed superfine wool $60,000 11 Costs of further processing (dyeing) intermediate products: 12 Undyed coarse wool $50,000 13 Undyed fine wool $60,000 14 Undyed superfine wool $10,000 15 Sales value of end products: 16 Dyed coarse wool $160,000 $240,000 $90,000 For example, in cell C26 enter the formula "=B5". eBook Verify that your worksheet matches the example in the text. Files Print References Check your worksheet by changing the cost of further processing undyed coarse wool in cell B12 to $30,000. The overall financial advantage (disadvantage) from processing all intermediate products into final products should now be $150,000 and the financial advantage (disadvantage) from further processing undyed coarse wool should now be $10,000. If you do not get these answers, 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. 17 Dyed fine wool 18 Dyed superfine wool 19 20 Enter a formula into each of the cells marked with a ? below 21 Example: Joint Product Costs and the Contribution Approach 22 23 Analysis of the profitability of the overall operation: 24 Combined final sales value 25 Less costs of producing the end products: 26 Cost of wool 27 Cost of separation process 28 Combined costs of dyeing 29 Profit 30 31 Analysis of sell or process further: 32 33 34 Final sales value after further processing ? ? $ 200,000 ? 2 ? ? Coarse Fine Superfine Wool Wool Wool 2 ? 2 35 Less sales value at the split-off point ? ? ? 36 Incremental revenue from further processing ? ? ? 37 Less cost of further processing (dyeing) 2 ? ? 38 Financial advantage (disadvantage) of further processing ? 2 2 39 40