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In need of the formulas that will be inputted into the excel sheet? Download the Applying Excel form and enter formulas in all cells that
In need of the formulas that will be inputted into the excel sheet?
Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell B26 enter the formula "B4-B8". 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 Note that the worksheet contains a section at the bottom titled "Determine the Product Margin Under a Traditional Cost System the number of units produced. When completed, that part of the worksheet should contain the following results: 52 Determine the product margin for the OfficeMart orders under a traditional cost system 53 Manufacturing overhead $ 500,000 54 Total activity 1,000 units 55 Manufacturing overhead per unit $ 500 per unit 56 57 Sales $ 47,600 58 Costs: 59 Direct materials $ 14.400 60 Direct labor 4,000 61 Manufacturing overhead 40,000 58.400 62 Traditional costing product margin $ (10,800) 63 After entering formulas in all of the cells that contained question marks, verify that the dollar amounts match the numbers in the Review Problem. Check your worksheet by doubling the units ordered in cell B16 to 160. The customer margin under activity-based costing should now be $7,640 and the traditional costing product margin should be $(21,600). If you do not get these results, 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. Chapter 6: Applying Excel Data Manutacturing overhead Selling and administrative overhead $500 000 $300.000 Assombing Processing Orders Supporting Customers Other Manufacturing overhead Selling and administrative overhead Total activity 10% 1000 onders 1 customer 4 onders OceMart orders Customers Orders Number of Sling cabinets ordered in total Selling price Direct materials Direct labor $180 Entor a formula into ouch of the collis marked with a Review Problem: Activity Based Costing bolow Perform the first stage allocations Assombing Units Processing Supporting Marutacturing overhead Selling and administrative overhead Total cost Total Cost Activity Rate Compute the activity rates Activity Cost Pools Assembling units Processing orders Supporting customers z per order 2 per custome ABC Cost Compute the overhead cost attributable to the Omco Mart orders Activity Cost Pools Activity Rato Assembling units ? per unit Processing orders Supporting customers per customer Determine the customer margin for the Omco Martorders under Activity-Based Costing Direct materials Direct labor Unit-related overhead Order related overhead Customer related overhead Customer margin Determine the product margin for the Omco Martorders under a traditional cos Manufacturing overhead Total activity Manufacturing overhead per unit Sales Direct materials Direct labor Marvtacturing overhead Traditional costing product marginStep by Step Solution
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