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must be done on excell! this is all the info provided. no other info 2. Assume that OfficeMart places orders more frequently, but everything else
must be done on excell! this is all the info provided. no other info
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 6. (Prior to completing this requirement, change all worksheet figures back to their original amounts.) 1 Chapter 7: Applying Excel 2 3 Data 4 Manufacturing overhead $500,000 Selling and administrative overhead $300,000 Assembling Processing Supporting Orders Units Customers Other 50% 10% 1,000 units 35% 45% 250 5% 25% 100 customers 8 Manufacturing overhead 10% Selling and administrative overhead 20% 10 Total activity orders 13 OfficeMart orders 14 Customers 1 customer (a)What is the customer margin under activity-based costing when the number of orders increases to 6? (Enter a loss as a negative amount.) Customer margin under activity- based costin (b)What is the product margin under the traditional costing system when the number of orders increases to 6? (Enter a loss as a negative amount.) Product margin under the traditional costing system (c)Which of the following statements are true? (You may select more than one answer. Single click the box with a check mark for correct answers and double click to empty the box for the wrong answers.) If a customer orders more frequently, but orders the same total number of units over the course of a year, the customer margin under activity based costing will decrease If a customer orders more frequently, but orders the same total number of units over the course of a year, the product margin under a traditional costing system will decrease If a customer orders more frequently, but orders the same total number of units over the course of a year, the customer margin under activity based costing will be unaffected If a customer orders more frequently, but orders the same total number of units over the course of a year, the product margin under a traditional costing system will be unaffected 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 6. (Prior to completing this requirement, change all worksheet figures back to their original amounts.) 1 Chapter 7: Applying Excel 2 3 Data 4 Manufacturing overhead $500,000 Selling and administrative overhead $300,000 Assembling Processing Supporting Orders Units Customers Other 50% 10% 1,000 units 35% 45% 250 5% 25% 100 customers 8 Manufacturing overhead 10% Selling and administrative overhead 20% 10 Total activity orders 13 OfficeMart orders 14 Customers 1 customer (a)What is the customer margin under activity-based costing when the number of orders increases to 6? (Enter a loss as a negative amount.) Customer margin under activity- based costin (b)What is the product margin under the traditional costing system when the number of orders increases to 6? (Enter a loss as a negative amount.) Product margin under the traditional costing system (c)Which of the following statements are true? (You may select more than one answer. Single click the box with a check mark for correct answers and double click to empty the box for the wrong answers.) If a customer orders more frequently, but orders the same total number of units over the course of a year, the customer margin under activity based costing will decrease If a customer orders more frequently, but orders the same total number of units over the course of a year, the product margin under a traditional costing system will decrease If a customer orders more frequently, but orders the same total number of units over the course of a year, the customer margin under activity based costing will be unaffected If a customer orders more frequently, but orders the same total number of units over the course of a year, the product margin under a traditional costing system will be unaffectedStep by Step Solution
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