Chapter 3 Excel Simulation 1 Overhead Analysis and Preparing Schedules of Cost of Goods using Excel's SUM and Basic Math Functions 10 Starford Enterprises has provided its manufacturing estimated and actual data for the year end. The Controller has asked you to compute the predetermined overhead rote, the schedule of cost of goods mandactured, and the schedule of cost of goods sold Use the information included in the Excel Sition and the Excel functions described below to complete the task . Cell Reference Allows you to refer to data from another cel in the worksheet from the Excel Simulation below in a blank cells was entered the form would output the result from cel 5.0 5275.000 in this example Basic Math functions. Alows you to use the basic math symbols to perform mathematical functions You can use the following keys. blussion to admission to subrat. tomutily and forward slashto dvide) From the Excel Smulation below if in blankel-ET was entered the form would add the values from those cells and output the result of 52.760 in this example using the other math wybos the result would put an appropriate answer for its function SUM function lows you to refer to meels and adds all the values You can add individual cell references or ranges to this function from the Excel Smation below in a blank cel"SUMELE was entered the formula would put the result of adding those resepte celor 1234050 in this example Syna biancel"SUMED ' was entered the form would output the same of dig those ols, except they are expressed as a range in the form and the result would be 128.050 in this HOME ENGELO FOS DATA Son bendro ! o dotado $ 27.00 27 55 15.000 5 5 5 5 11. 22.150 2450 + YouTube Chapter 3 Excel Simulation System Build - PCP... Student Login Webmail Louisiana 1 Overhead Analysis and Preparing Schedules of Cost of Goods using Excel's SUM and Basic Math Functions 10 Stanford Enterprises has provided this maturing med andre det for the end The Greed you to com predetermined overhead the schede cost of goods and the cost of the throated in the Excel Simulation and the Excel actions desorbed below to come the . Cel Reference Allows you to refer to data from another cel in the words from the Senate entered the formala mould out there to clor.000mcg Besi Merthfaction Allows you to use the best maybe to pomencions they bussign town to these and for the aban cell 66-Twentered the found would add the enthouse and other team using the other to the two counc SUM factors Allows you to refer to the cells and all the values You can also ondon from the Excel Smiton below. SUMCOLET those three separates on this example Smart Band Method the same rest of adding these cellsthey are grese sange in the found there would be 050 ample 7 - HOME TORT PAGE LAYOUT FOLLAS DAE VW Algement Condom C AI Stanford Enterprises de casting Starfsste border casting The action base for overhead is dit behoors + Data for the year anded 3 stimated to mantring overhead co $1.000 25.000 Actual total de labor hours Al cos for the year Purchase of raw material direct Direct labore Manufacturing overhead cost 11 SS 5536.00 10.750 14 25 Raw materials (all direct) Work in process Fished good Reginning 5. 15.000 5 5 34.600 5 $ $ 26,450 19 Use the data to the following 21 1 Compute pled overhead and determine the amount of underapplied replied what Actualmenacturing whead.com Predetermined head 22 20 Functions Stanford Enterprises has provided its manufacturing estimated and actual data for the year end. 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 . Cell Reference: Allows you to refer to data from another cell in the worksheet From the Excel Simulation below, if in a blank cell. Es was entered the formula would output the result from cell E5, or $275,000 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 adhenus sign to subtract.asterisk sign to multiply, and/fforward slosh to divide) From the Excel Simulation below, in a blank cell-E6E7" was entered the formula would add the values from those cells and output the result of 52760 in this example. If using the other math symbols the result would output an appropriate answer for its function . SUM functions: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to utilize this function from the ExcelSimulation below. If in a blank cell"SUME ELE12" was entered the formula would output the result of adding those three separate cells, or 12.050 in this example. Similarly, in a blank cel"SUME10 E12" was entered the formula would output the same result of adding those cells, except they are expressed as a range in the formula, and the result would be 1214,050 in this example OBS LE HON Cost of Goods Mandachared and cost of Goods Sodel PAGE LAYOUT FORMULAS DATA REVIEW VIEW X AA M Cells Editing BTW Alignment Number Conditional Formatas C Formatting Table Styles Fort fo Stanford Enterprises uses job order costing G H 8 E Stanford Enterprises Schedule of Cost of Goods Manufactured 33 Direct material Raw materials inventory beginning 15 Add: Purchases of raw materials Total raw materials available Deduct: Raw materials inventory ending Raw materials used in production Direct labor 19 Manufacturing overhead applied to work in process 41 Total manuacturing costs Add: Beginning work in process inventory Deduct: Ending work in process inventory 45 Cost of goods manufactured Prepare a schedule of cost of goods sold Stanford Enterprises Schedule of Cost of Goods Sold + Add Coutoodanted se cost of goods for sale READY Chapter 3 Excel Simulation 1 Overhead Analysis and Preparing Schedules of Cost of Goods using Excel's SUM and Basic Math Functions 30 Stanford Enterprises has provided its manufacturing estimated and actual data for the year end. 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 Skipped Pint . Cell Reference: Allows you to refer to data from another cel in the worksheet from the Excel Simulation below. If in a blank cel-es was entered the formula would output the result from cell E5, or $275,000 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 adh-minus sign to subtract). "esterisk sign to multiply, and/(forward stash to dividej. From the Excel Simulation below. If in a blank cel-E6 ET was entered the formula would add the values from those cells and output the result, or 52,760 in this example using the other math symbols the result would output an appropriate answer for its function . SUM faction: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to live this function. From the Excel Simulation below, if in a blank cell-SUME10, ELE12J" was entered the formule would put the result of adding those three separate cels, or 1214,050 in this example. Similarly, if in a blank cellSUMEXO E121" was entered the formula would outou the same result of adding those cells, except they are expressed as a range in the formuls, and the result would be 12.050 in this Example OBS. 3 FILE HOME INSERT Cost of Good Manufactured and Cost of Good Sold - Excel PAGE LAYOUT TOIMUUS DATA REVIEW VIEW AA BTW C Alignment Number Conditional Format C Forting Table St Editing Al Stanford Enterprises border costing A . C D E G H Deduct: Ending work in process inventory 15 Cost of goods manufactured 3. Prepare a schedule of cost of goods sold. Stanford Enterprises Schedule of Cost of Goods Sold Finished goods Inventory being 58 Add: Cost of goods manufactured Cost of goods able for sale 1 Deducted goods inventory ending Unedsted cost of goods sold 5 Underplied forpledoverhead Austed costo di sold Chapter 3 Excel Simulation 1 Overhead Analysis and Preparing Schedules of Cost of Goods using Excel's SUM and Basic Math Functions 10 Starford Enterprises has provided its manufacturing estimated and actual data for the year end. The Controller has asked you to compute the predetermined overhead rote, the schedule of cost of goods mandactured, and the schedule of cost of goods sold Use the information included in the Excel Sition and the Excel functions described below to complete the task . Cell Reference Allows you to refer to data from another cel in the worksheet from the Excel Simulation below in a blank cells was entered the form would output the result from cel 5.0 5275.000 in this example Basic Math functions. Alows you to use the basic math symbols to perform mathematical functions You can use the following keys. blussion to admission to subrat. tomutily and forward slashto dvide) From the Excel Smulation below if in blankel-ET was entered the form would add the values from those cells and output the result of 52.760 in this example using the other math wybos the result would put an appropriate answer for its function SUM function lows you to refer to meels and adds all the values You can add individual cell references or ranges to this function from the Excel Smation below in a blank cel"SUMELE was entered the formula would put the result of adding those resepte celor 1234050 in this example Syna biancel"SUMED ' was entered the form would output the same of dig those ols, except they are expressed as a range in the form and the result would be 128.050 in this HOME ENGELO FOS DATA Son bendro ! o dotado $ 27.00 27 55 15.000 5 5 5 5 11. 22.150 2450 + YouTube Chapter 3 Excel Simulation System Build - PCP... Student Login Webmail Louisiana 1 Overhead Analysis and Preparing Schedules of Cost of Goods using Excel's SUM and Basic Math Functions 10 Stanford Enterprises has provided this maturing med andre det for the end The Greed you to com predetermined overhead the schede cost of goods and the cost of the throated in the Excel Simulation and the Excel actions desorbed below to come the . Cel Reference Allows you to refer to data from another cel in the words from the Senate entered the formala mould out there to clor.000mcg Besi Merthfaction Allows you to use the best maybe to pomencions they bussign town to these and for the aban cell 66-Twentered the found would add the enthouse and other team using the other to the two counc SUM factors Allows you to refer to the cells and all the values You can also ondon from the Excel Smiton below. SUMCOLET those three separates on this example Smart Band Method the same rest of adding these cellsthey are grese sange in the found there would be 050 ample 7 - HOME TORT PAGE LAYOUT FOLLAS DAE VW Algement Condom C AI Stanford Enterprises de casting Starfsste border casting The action base for overhead is dit behoors + Data for the year anded 3 stimated to mantring overhead co $1.000 25.000 Actual total de labor hours Al cos for the year Purchase of raw material direct Direct labore Manufacturing overhead cost 11 SS 5536.00 10.750 14 25 Raw materials (all direct) Work in process Fished good Reginning 5. 15.000 5 5 34.600 5 $ $ 26,450 19 Use the data to the following 21 1 Compute pled overhead and determine the amount of underapplied replied what Actualmenacturing whead.com Predetermined head 22 20 Functions Stanford Enterprises has provided its manufacturing estimated and actual data for the year end. 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 . Cell Reference: Allows you to refer to data from another cell in the worksheet From the Excel Simulation below, if in a blank cell. Es was entered the formula would output the result from cell E5, or $275,000 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 adhenus sign to subtract.asterisk sign to multiply, and/fforward slosh to divide) From the Excel Simulation below, in a blank cell-E6E7" was entered the formula would add the values from those cells and output the result of 52760 in this example. If using the other math symbols the result would output an appropriate answer for its function . SUM functions: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to utilize this function from the ExcelSimulation below. If in a blank cell"SUME ELE12" was entered the formula would output the result of adding those three separate cells, or 12.050 in this example. Similarly, in a blank cel"SUME10 E12" was entered the formula would output the same result of adding those cells, except they are expressed as a range in the formula, and the result would be 1214,050 in this example OBS LE HON Cost of Goods Mandachared and cost of Goods Sodel PAGE LAYOUT FORMULAS DATA REVIEW VIEW X AA M Cells Editing BTW Alignment Number Conditional Formatas C Formatting Table Styles Fort fo Stanford Enterprises uses job order costing G H 8 E Stanford Enterprises Schedule of Cost of Goods Manufactured 33 Direct material Raw materials inventory beginning 15 Add: Purchases of raw materials Total raw materials available Deduct: Raw materials inventory ending Raw materials used in production Direct labor 19 Manufacturing overhead applied to work in process 41 Total manuacturing costs Add: Beginning work in process inventory Deduct: Ending work in process inventory 45 Cost of goods manufactured Prepare a schedule of cost of goods sold Stanford Enterprises Schedule of Cost of Goods Sold + Add Coutoodanted se cost of goods for sale READY Chapter 3 Excel Simulation 1 Overhead Analysis and Preparing Schedules of Cost of Goods using Excel's SUM and Basic Math Functions 30 Stanford Enterprises has provided its manufacturing estimated and actual data for the year end. 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 Skipped Pint . Cell Reference: Allows you to refer to data from another cel in the worksheet from the Excel Simulation below. If in a blank cel-es was entered the formula would output the result from cell E5, or $275,000 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 adh-minus sign to subtract). "esterisk sign to multiply, and/(forward stash to dividej. From the Excel Simulation below. If in a blank cel-E6 ET was entered the formula would add the values from those cells and output the result, or 52,760 in this example using the other math symbols the result would output an appropriate answer for its function . SUM faction: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to live this function. From the Excel Simulation below, if in a blank cell-SUME10, ELE12J" was entered the formule would put the result of adding those three separate cels, or 1214,050 in this example. Similarly, if in a blank cellSUMEXO E121" was entered the formula would outou the same result of adding those cells, except they are expressed as a range in the formuls, and the result would be 12.050 in this Example OBS. 3 FILE HOME INSERT Cost of Good Manufactured and Cost of Good Sold - Excel PAGE LAYOUT TOIMUUS DATA REVIEW VIEW AA BTW C Alignment Number Conditional Format C Forting Table St Editing Al Stanford Enterprises border costing A . C D E G H Deduct: Ending work in process inventory 15 Cost of goods manufactured 3. Prepare a schedule of cost of goods sold. Stanford Enterprises Schedule of Cost of Goods Sold Finished goods Inventory being 58 Add: Cost of goods manufactured Cost of goods able for sale 1 Deducted goods inventory ending Unedsted cost of goods sold 5 Underplied forpledoverhead Austed costo di sold
