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fill in question marks and show work please D Chapter 7: Applying Excel Data Manufacturing overhead Selling and administrative overhead $500,000 $300,000 Assembling Processing Supporting
fill in question marks and show work please
D Chapter 7: Applying Excel Data Manufacturing overhead Selling and administrative overhead $500,000 $300,000 Assembling Processing Supporting Units Orders Customers Other Manufacturing overhead 50% 35% 5% 10% Seling and administrative overhead 10% 45% 25% 20% Total activity 1,000 250 100 units orders customers 2 3 Office Martorders: 4 Customer 1 customer 5 Orders 4 orders 6 Number of filing cabinets ordered in total 80 units 7 Selling price $595 8 Direct materials $180 19 Direct labor $50 20 21 Enter a formule into each of the cele marked with a ? below 22 Review Problem: Activity-Based Coating 23 24 Perform the first stage allocations Assembling Processing Supporting 25 Units Orders Customers Other Total 26 Manufacturing overhead ? ? 7 7 ? 27 Soling and administrative overhead ? ? 2 ? 2 28 Total cost 2 ? 2 ? 7 29 30 Compute the activity rates 31 Activity Cost Pool Total Coat Total Activity Activity Rate 32 Assembling units ? ? units 2 per unit 33 Processing orders ? 7 ordens 2 per order 34 Supporting customer 7 ? customers 35 2 per customer 36 Compute the overhead coat attributable to the Office Marf orders 37 Activity Cost Pools Athly Rate 38 Assembling units Activity ABC Con ? per unit 7 units ? 39 Processing orders ? per order 7 orden 7 40 Supporting customer ? per customer ? customer ? 42 Determine the customer margin for the OceMart arders under Activity Based Costing 43 Sales ? Chapter 7 Form D H 2 Determine the customer margin for the Omce Martorders under Activity Based Costing 93 Sales 2 54 Costs: 35 Direct materials 36 Direct labor 7 7 Unit-related overhead ? 38 Orderolated overhead ? 19 Customer related overhead 2 - Customer margin 2 Determine the product margin for the Office Mert orders under a traditional cost system - Manufacturing overhead - Total activity 7 units - Manufacturing overhead per unit 7 per unit 7 7 Sales A Costa - Direct materials 0 Direct labor 1 Manufacturing overhead 2 Traditional conting product margin ? ? 2 ? 7 "O 1 2 4 "5 8 19 10 2 33 14 35 Chapter 7 Form Saved Help Save & Exit Required information For example, in cell B26 enter the formula - B4'38". Note that the worksheet contains a section at the bottom titled "Determine the Product Margin Under a Traditional Cost System that is not in the Review Problem. In this section, it is assumed that the traditional costing system allocates manufacturing overhead on the basis of the number of units produced When completed, that part of the worksheet should contain the following results: Determine the product margin for the Office Mart orders under a traditional cost system 53 Manufacturing overhead $ 500,000 Total activity 1,000 units Manufacturing overhead per unit 500 per unit 52 55 56 $ 47,600 58 50 Sales Costs: Direct materials Direct labor Manufacturing overhead Traditional costing product margin 60 $ 14,400 4,000 40,000 58.400 $110,800) 61 62 After entering formulos in all of the cells that contained question marks, verify that the dollor amounts match the numbers in the Review Problem Check your worksheet by doubling the units ordered in cell 816 to 160. The customer margin under activity-based costing should now be $7640 and the traditional costing product margin should be $(21600). if you do not get these results, find the errors in your worksheet and correct them Step by Step Solution
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