please answer parts 1 and 2

i really appreciate it

thank you so mucu

Required information Chapter : Applying Excel The Chapter 1 form worksheet is to be used to crevte your own worksheet version of Exhibit:? in the loxt. Chapter 1: Applying Excel: Excel Worksheet (Part 1 of 2) Downloed the Applying Excel form and enter formulas in all cels that contain question marks. For esample, in cet cis onfer the formula * 86 : numbers in Exhoit 17. Check your worksheet by changing the varbble selling cost in the Data area to $900, keeping als of the ocher data the same as in Exhibit 17. If your worksheet is coperating properily. the net operating incorse under the traditional format income statement and under the contribution format income stalement should now be 5700 and the contribution margin should now be $4,700. If you do not get these answers, find the errors in your worksheet and correct them: Save your completed Applying Excel form to your computer and then uplosd it here by cliching "Browse:" Next, elick "-5ave," You will use this worksheet to answer the questions in Part 2. If your formulas are correct, you should get the correct answers to the following questions. (a) What is the gross margin now? (b) What is the net operating income now? (c) What is the contribution margin now? 2. Suppose that sales are 30% higher as shown below: Enter this new data into your worksheet. Make sure you enter all of the new data - not just the sales. (a) What is the gross margin now? (b) What is the net operating income now? (c) What is the contribution margin now? (d) When sales increase by 30%, which of the following should also increase by 30% in a merchandising company? (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.) Variable cost Fixed cost [? Gross margin Contribution margin Net operating income (e) When sales increase by 30%, which of the following should increase by more than 30% in a merchandising company? (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.) 12 variable coss Fised cost 17 Gross margin (2) Contribution magin D. Net operating income Required information Chapter 1: Applying Excel The Chapter 1 Form worksheet is to be used to create your own worksheet version of Exhibit 1-7 in the text. Chapter 1: Applying Excel: Exercise (Part 2 of 2) 1. Now change all of the dollar amounts in the data area of your worksheet so that it looks like this: Required information Chapter : Applying Excel The Chapter 1 form worksheet is to be used to crevte your own worksheet version of Exhibit:? in the loxt. Chapter 1: Applying Excel: Excel Worksheet (Part 1 of 2) Downloed the Applying Excel form and enter formulas in all cels that contain question marks. For esample, in cet cis onfer the formula * 86 : numbers in Exhoit 17. Check your worksheet by changing the varbble selling cost in the Data area to $900, keeping als of the ocher data the same as in Exhibit 17. If your worksheet is coperating properily. the net operating incorse under the traditional format income statement and under the contribution format income stalement should now be 5700 and the contribution margin should now be $4,700. If you do not get these answers, find the errors in your worksheet and correct them: Save your completed Applying Excel form to your computer and then uplosd it here by cliching "Browse:" Next, elick "-5ave," You will use this worksheet to answer the questions in Part 2. If your formulas are correct, you should get the correct answers to the following questions. (a) What is the gross margin now? (b) What is the net operating income now? (c) What is the contribution margin now? 2. Suppose that sales are 30% higher as shown below: Enter this new data into your worksheet. Make sure you enter all of the new data - not just the sales. (a) What is the gross margin now? (b) What is the net operating income now? (c) What is the contribution margin now? (d) When sales increase by 30%, which of the following should also increase by 30% in a merchandising company? (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.) Variable cost Fixed cost [? Gross margin Contribution margin Net operating income (e) When sales increase by 30%, which of the following should increase by more than 30% in a merchandising company? (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.) 12 variable coss Fised cost 17 Gross margin (2) Contribution magin D. Net operating income Required information Chapter 1: Applying Excel The Chapter 1 Form worksheet is to be used to create your own worksheet version of Exhibit 1-7 in the text. Chapter 1: Applying Excel: Exercise (Part 2 of 2) 1. Now change all of the dollar amounts in the data area of your worksheet so that it looks like this