File Edt View Tools Help New talb Ch. 3: Excel Help Save & Exit Submi 1 Overhead Analysis and Preparing Schedules of Cost of Goods using Excel's SUM and Basic Math Functions ford Enterprises has provided its manufactunng estmated and actual data for the year end The Controller has asked you to the schedule of cost of goods sold. Use the Information inc 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, it in a blank cell, E5" was entered, the formula would output the result from cell E5, or $275,000 In this example Allows you to use the basic math symbols to perform mathemabcal functions. You can use the followng keys: + (plus sign to add), (minus sign to subtract), " (asterisk sign to multiply). and/ (Torward slash to dvide). From the Excel Simulation below, it in a blank cell -E6+E7 was entered, the formula would add the values from those cells and output the result, or 52,760 in this example. It using the other math symbols the result would output an appropriate answer for its function SUM functlon: Allows you to refer to multiple ceils and adds all the values You can add individual cell references or ranges to utilize this From the Excel Simulation below, It in a blank cell sUMIE10,E11.E12)" was entered, the formula would output the result of adding those three separate cells, or 1.214,050 in this example. Similarty, if in a blank cell -SUMIE10 E12] 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 resuit would be 1.214,050 in this rev 1 of 3Next> 705 pM 5/19/20 O Type here to search