please let me know what formulas to type in each yellow box for correct answers.
Ch 15: Excel Homework Saved XDA Cost of Goods Manufactured and Cost of Goods Sold - Excel ? FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In 1 1 Ruler Formula Bar ES Gridlines Headings Normal Page Break Page Custom Preview Layout Views Workbook Views Zoom 100% Zoom to Window Macros Selection Show Zoom Macros 5 points A1 fa Stanford Enterprises uses job-order costing. 8 01:18:38 G H eBook References B D E F 1 Stanford Enterprises uses job-order costing. 2 The allocation base for overhead is direct labor hours. 3 4 Data for the year just ended: 5 Estimated total manufacturing overhead cost $ 275,000 6 Estimated total direct labor hours 25,000 7 Actual total direct labor hours 27,760 8 9 Actual costs for the year: 10 Purchase of raw materials (all direct) $375,000 11 Direct labor cost $536,300 12 Manufacturing overhead costs $302.750 13 14 Inventories: Beginning Ending 15 Raw materials (all direct) $ 15,000 $ 11,375 16 $ 27,875 $ 22,350 17 Finished goods $ 34,600 $ 26,450 18 19 Use the data to answer the following. 20 21 1. Compute applied overhead and determine the amount of underapplied or overapplied overhead: 22 Actual manufacturing overhead cost 23 Predetermined overhead rate 24 Actual direct labor hours Work in process Ch 15: Excel Homework i Saved XB 5 Cost of Goods Manufactured and Cost of Goods Sold - Excel ? 5 X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In 1 Ruler Formula Bar ol a Gridlines Headings Zoom 100% Zoom to Window Macros Normal Page Break Page Custom Preview Layout Views Workbook Views Selection Show Zoom Macros 5 points A1 Stanford Enterprises uses job-order costing. 8 01:18:29 C F H eBook References 32 B D E 25 Manufacturing overhead applied 26 27 Underapplied (overapplied) manufacturing overhead 28 29 2. Prepare a schedule of cost of goods manufactured: 30 31 Stanford Enterprises Schedule of Cost of Goods Manufactured 33 Direct materials: 34 Raw materials inventory, beginning 35 Add: Purchases of raw materials 36 Total raw materials available 37 Deduct: Raw materials inventory, ending 38 Raw materials used in production 39 Direct labor 40 Manufacturing overhead applied to work in process 41 Total manufacturing costs 42 Add: Beginning work in process inventory 43 Total cost of work in process 44 Deduct: Ending work in process inventory 45 Cost of goods manufactured 46 47 3. Prepare a schedule of cost of goods sold. 48 Ch 15: Excel Homework i Saved XI - Cost of Goods Manufactured and Cost of Goods Sold - Excel ? 6 x FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In 1 Ruler Formula Bar -100 Normal Page Break Page Custom Preview Layout Views Gridlines Headings Zoom 100% Zoom to Window Macros Selection Workbook Views Show Zoom Macras 5 points A1 X f Stanford Enterprises uses job-order costing. & 01:18:25 A D E F H B 41 Total manufacturing costs 42 Add: Beginning work in process inventory 43 Total cost of work in process 44 Deduct: Ending work in process inventory 45 Cost of goods manufactured 46 47 3. Prepare a schedule of cost of goods sold. eBook References 48 49 Stanford Enterprises 50 Schedule of Cost of Goods Sold 51 52 Finished goods inventory, beginning 53 Add: Cost of goods manufactured 54 Cost of goods available for sale 55 Deduct: Finished goods inventory, ending 56 Unadjusted cost of goods sold 57 Underapplied (overapplied) overhead 58 Adjusted cost of goods sold 59 60 61 62
