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Part 2 (pt) 2. Change all of the numbers in the data area of your worksheet so that it looks like this: B $ 315
Part 2 (pt) 2. Change all of the numbers in the data area of your worksheet so that it looks like this: B $ 315 $ $ 5 A 1 Chapter 7: Applying Excel 2 3 Data 4 Selling price per unit 5 Manufacturing costs: 6 Variable per unit produced 7 Direct materials 8 Direct labor Variable manufacturing overhead 9 Faced manufacturing overhead per year 10 Selling and administrative expenses 11 Variable per unit sold 12 Foxed per year 13 14 15 Units in beginning inventory 16 Units produced during the year 17 Units sold during the year 18 142 56 28 90.000 $ 3 $ $ 41.000 Year 1 Year 2 0 2.500 2000 1.800 2.000 If your formulas are correct, you should get the correct answers to the following questions (a) What is the net operating income (loss) in Year 1 under absorption cosing? Net operating Income is 59,000 b) What is the net operating income (loss) in Year 2 under absorption costing? Net operating income
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