just excel formulas! Thanks!

Paste B x fx J18 1 Chapter 7: Applying Excl 2 3 Data 4 Manufacturing overhead S Selling and administrative overhead 6 7 8 Manufacturing overhead 9 Selling and administrative overhead 10 Total activity 11 12 13 OceMart orders 14 Customers 15 Orders 16 Number of Sling cabinets ordered in total 17 Selling price 18 Direct materials 19 Direct labor 20 21 Enter a formula into each of the cells marked with a 7below 22 Review Problem: Activity-Based Costing 23 24 Perform the first stage allocations 25 26 Manufacturing overhead 27 Selling and administrative overhead 28 Total cost 29 30 Compute the activity rates 31 Activity Cost Pools Total Co 32 Assembling units 7 33 Processing orders 7 34 Supporting customers 7 35 36 Compute the overhead cost attributable to the OfficeMart orders 37 Activity Cost Pools Activity Rate 38 Assembling units 7 per unit 39 Processing orders 7 per andar 40 Supporting customers customer 41 42 Determine the customer margin for the OfficeMart orders under Activity-Based Costing 43 Sales ? 44 Costs 45 Direct materials 45 Direct labor ? 47 Unit-related averhead 40 Order-related overhead ? 49 Customer related overhead 12 50 Customer margin 51 52 Determine the product margin for the OfficeMart orders under a traditional cost system 53 Manufacturing overhead 54 Total activity 7 uits 55 Manufacturing overad per unit 7 perunt 56 57 Sales 58 Cost 59 Qirect materials 60 Direct labor 61 Manufacturing overhead 62 Traditional casting product margin 63 D $500,000 $300,000 Assembling Processing Supporting Units Orders Customers Other 50% 35% 5% 10% 20% 10% 49% 25% 250 100 orders customers Processing Supporting Orders Customers ? 7 2 7 ? ? Total Activity 7 usts 7 orders 7 customers 1,000 units 1 customer 4 orders 80 units $595 $180 $50 Assembling Units 2 2 Other Activity 7 units li M 7 orders customer Total ? 7 ? Activity Rate 7 per unit 7 per order 7 per customer 222 ABC Cost ? G IN Arial 06 B IU J18 A 1 Chapter 7: Applying Excel 2 3 Data 4 Manufacturing overhead 5 Paste ' 155 $500,000 $300,000 Assembling Processing Units Orders 50% 35% 5% 10% 45% 25% 250 100 orders customers Supporting Customers ? 10 Selling and administrative overhead 6 7 8 Manufacturing overhead 9 Selling and administrative overhead 10 Total activity 11 12 13 OfficeMart orders: 14 Customers 15 Orders 16 Number of filing cabinets ordered in total 17 Selling price $595 18 Direct materials $180 $50 19 Direct labor 20 21 Enter a formula into each of the cells marked with a ? below 22 Review Problem: Activity-Based Costing 23 24 Perform the first stage allocations Assembling Units 25 26 Manufacturing overhead ? ? 27 Selling and administrative overhead 28 Total cost ? 29 30 Compute the activity rates 31 Activity Cost Pools Total Cost 32 Assembling units 33 Processing orders 34 Supporting customers 35 1,000 units 1 customer 4 orders 80 units ? ? ? 101 M E D Supporting Customers Processing Orders ? 2 2 Total Activity ? units ? orders ? customers ? ? E Other E 10% 20% Other F Total 2 ? ? Activity Rate Wrap Text Merge & Cen G ? ? ? ? per unit ? per order ? per customer x fx A B 29 30 Compute the activity rates 31 Activity Cost Pools Total Cost 32 Assembling units ? 33 Processing orders ? 34 Supporting customers ? 35 36 Compute the overhead cost attributable to the OfficeMart orders 37 Activity Cost Pools 38 Assembling units Activity Rate ? per unit 39 Processing orders ? per order 40 Supporting customers ? per customer 41 42 Determine the customer margin for the OfficeMart orders under Activity-Based Costing 43 Sales ? 44 Costs: 45 Direct materials 46 Direct labor 47 Unit-related overhead 48 Order-related overhead 49 Customer-related overhead ? 50 Customer margin ? 51 52 Determine the product margin for the OfficeMart orders under a traditional cost system 53 Manufacturing overhead ? 54 Total activity ? units 55 Manufacturing overhead per unit ? per unit 56 57 Sales 58 Costs: 59 Direct materials 60 Direct labor 61 Manufacturing overhead 62 Traditional costing product margin 63 64 65 66 67 J18 ????? ? 227 ? ? C D Total Activity ? units ? orders ? customers ? ? ? Activity E + Activity Rate ? units ? orders ? customer F ? per unit ? per order ? per customer ABC Cost ? ? ? 2. Assume that OfficeMart places orders more frequently, but everything else remains the same. On your worksheet increase the number of orders from 4 to 22. (Prior to completing this requirement, change all worksheet figures back to their original amounts.) A B D E Chapter 7: Applying Excel 1 2 3 Data 4 Manufacturing overhead 500,000 300,000 5 6 Supporting Customers Other Selling and administrative overhead 7 8 Manufacturing overhead 9 Selling and administrative overhead 10 Total activity 11 12 13 OfficeMart orders: 14 Customers 15 Orders 16 Number of filing cabinets ordered in total 17 Selling price 18 Direct materials 19 Direct labor $ $ Assembling Units $ S $ 50% 10% 1,000 units Processing Orders 1 customer 22 orders 80 units 595 180 50 35% 45% 250 orders 5% 25% 100 customers + 10% Required information (a) What is the customer margin under activity-based costing when the number of orders increases to 22? (Enter a loss as a negative amount.) Customer margin under activity-based costing 29 (b) What is the product margin under the traditional costing system when the number of orders increases to 22? (Enter a loss as a negative amount.) Product margin under the traditional costing system kes 05 3. OfficeMart has found an error in its data. The percentage of selling and administrative overhead attributable to processing orders should be changed to 25% from 45% and the percentage attributable to supporting customers should be changed to 45% from 25%. A B D E 1 Chapter 7: Applying Excel 2 3 Data 4 Manufacturing overhead. 500,000 5 Selling and administrative overhead 300,000 6 7 Supporting Customers Other 8 Manufacturing overhead 9 Selling and administrative overhead 10 Total activity 11 12 13 OfficeMart orders 14 Customers 15 Orders 16 Number of filing cabinets ordered in total 17 Selling price 18 Direct materials 19 Direct labor $ $ Assembling Units $ 55 $ $ 50% 10% 1,000 units 1 customer 22 orders 80 units 8_ 8 Processing Orders 595 180 50 35% 25% 250 orders 5% 45% 100 customers + 10% 20% (a) Based on new number of orders in Requirement 2, what is the customer margin under activity-based costing when the data are corrected? (Enter a loss as a negative amount.) Customer margin under activity-based costing 50 (b) Based on new number of orders in Requirement 2, what is the product margin under the traditional costing system when the data are corrected? (Enter a loss as a negative amount.) Product margin under the traditional costing system nces (c) Which of the following statements are true about what happens when the percentage of selling and administrative overhead attributable to processing orders declines and the percentage of selling and administrative overhead attributable to supporting customers increases by the same amount? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)