Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

in excel sheet =sum Saved Addison, inc, makes a single product, an indoor fireplace, and has provided dota from last year of operations. The Controller

in excel sheet =sum
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Saved Addison, inc, makes a single product, an indoor fireplace, and has provided dota from last year of operations. The Controller has asked you to compare income statements if the company used the variable costing approach vs: the absorption costing report. Use the information included in the Excel Simulation and the Excel functions described below to complete the task. - Cell Reference: Allows you to refer to dota from another cell in the wotksheet. From the Excel Simulation below, if in a blank cell, "=B3" was entered, the formula would output the result from cell 83 , or 420 in this example. - Basic Math functions; Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add), - (minus sign to subtract). "(asterisk sign to multiply), and/ (forward slash to divide). From the Excel Simulation below, if in a blank cell " = B15+B16" was entered, the formula would add the values from those cells and output the result, or 9.500 in this example. If using the other math symbols the result would output an appropilate answer for its function. - SUM function: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to utilize this function. From the Excel Simulation below, if in a blank cell = SUM(B6,B7,B8)" was entered, the formula would output the result of adding those three separate cells, or 215 in this example. Similarly, if in a blank ceil " SUM(B6:B8)" 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 result would be 215 in this example. xcel Project i Saved

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Data Analytics Using Microsoft Excel With Accounting And Finance Datasets Version 2.0

Authors: Joseph M. Manzo

1st Edition

1453395210, 9781453395219

More Books

Students also viewed these Accounting questions

Question

When do I give in to my bad habit?

Answered: 1 week ago

Question

what is the long term debt?

Answered: 1 week ago

Question

It would have become a big deal.

Answered: 1 week ago