Hequired information Chapter 3: Applying Excel The Excel worksheet form that appears below is to be used to recente part of the example relong to Tubo Chest appears earlier in the chapter Chapter 3: Applying Excel: Excel Worksheet (Part 1 of 2) Download the Applying facet form and enter formules in all cells that contain question marks For example, in cell 013 enter the formules After entering formules in all of the cells that contained question marks, verify that the dollar amounts on the example in the Best Check your worksheet by changing the estimated total amount of the location base in the Data was to 50.000 machine hours, ceeping of the the date the new operating properly, the predetermined overhead rate should now be 56.00 per machine hout you do not get er end the error in your wishes and come 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 upload a response file (5 Choose File Nacho download reference file Chapter 3 Applying Excel Student Form.xlsx Home Insert Draw Page Layout Formulas Data Review View Tell me X Arial 10 ' ' Wrap v Paste B I U a. A V ===== Merge A1 Xfx Chapter 3: Applying Excel B Machine-hours $300,000 75,000 machine-hours $290,000 68,000 machine-hours ? ? machine-hours ? per machine-hour ? 1 Chapter 3: Applying Excel 2 3 Data 4 Allocation base 5 Estimated manufacturing overhead cost 6 Estimated total amount of the allocation base 7 Actual manufacturing overhead cost 8 Actual total amount of the allocation base 9 10 Enter a formula into each of the cells marked with a ? below 11 12 Computation of the predetermined overhead rate 13 Estimated manufacturing overhead cost 14 Estimated total amount of the allocation base 15 Predetermined overhead rate 16 17 Computation of underapplied or overapplied manufacturing overhead 18 Actual manufacturing overhead cost 19 Manufacturing overhead cost applied to Work in Process during the year. 20 Predetermined overhead rate 21 Actual total amount of the allocation base 22 Manufacturing overhead applied 23 Underapplied (overappled) manufacturing overhead 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 2 per machine hour 7 machine-hours ? 2 45 46 47 48 49 Required information Chapter 3: Applying Excel The Excel worksheet form that appears below is to be used to recreate part of the example relating to Tu appears earlier in the chapter Chapter 3: Applying Excel: Exercise (Part 2 of 2) 2. Change all of the numbers in the data area of your worksheet so that it looks like this: B A Chapter 3: Applying Excel 1 2. 3 Data Allocation base 4 5 un 6 Estimated manufacturing overhead cost Estimated total amount of the allocation base Actual manufacturing overhead cost Actual total amount of the allocation base Machine-hours $ 782,000 92,000 machine-hours $ 792,400 98,000 machine-hours 7 8 If your formulas are correct, you should get the correct answers to the following questions. (a) What is the predetermined overhead rate? (Round your answer to 2 decimal places.) Predetermined overhead rate per machine-hour (b) By how much is the manufacturing overhead underapplied or overapplied? manufacturing overhead
