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1 Overhead Analysis and Preparing Schedules of Cost of Goods using Excel's SUM and Basic Math Functions 10 pos Stanford Enterprises has provided its manufacturing estimated and actual data for the year and The Controller has asked you to compute the predetermined overhead rate the schedule of cost of goods manufactured, and the schedule of cost of goods sold Use the information included in the Excel Simulation and the Excel functions described below to complete the task Suped book P Cell Reference Alows you to refer to data from another cell in the worksheet From the Excel Smation below, if in a blank cell was entered the formula would output the result from celor 5275.000 in this example Basic Math functions Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys. plus sign to addressign to subtract faste sign to multiply and/tforward slashto dvidelFrom the Excel Smation below. If in blank cell was entered the formule would add the values from those cells and output the result of 52.760 in this example using the other mothymbols the result would output an appropriate answer for its function SUMunction: Allows you to refer to multiple cells and adds all the values. You can add individual cel references or ranges to this function. From the Excel Stion below, if in a blank celSUMESOME" was entered the formule would out the result of adding those three separate cels, 1244.050 in this example Similarly in a blank cellSUMERE was entered the forms would output the same result of adding those els except they are expressed as a range in the formula and the result would be 12050 in this example FRE HOME CateGoodi Medan Good PAGE DE JOR LAS DATA VW INSERT VIEW M #I AR For T S A1 Stanford mees sondern Wandges obreros 2 The con base for overhead is direct labor hour mated to moting overhead cost 5 275.000 225.000 27.750 SO SMO isio 5 5 37.375 11:37 22.350 26,450