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Please make sure to enter the Excel formulas for each ? Enter formulas in the cells that contain question marks. For example, in cell C17

Please make sure to enter the Excel formulas for each ?

image text in transcribedimage text in transcribed Enter formulas in the cells that contain question marks. For example, in cell C17 enter the formula "= B8*B10". After entering formulas in all of the cells that contained question marks, verify that the calculated numbers match the numbers in the Review Problem Check your worksheet by reducing the direct labor-hours for the Deluxe model in cell B10 from 5 to 2 . The Deluxe model's unit product cost under traditional costing should now be $74.00 and the ABC unit product cost should be $143.89. If you do not get these results, find the errors in your worksheet and correct them. Chapter 4: Applying Excel Enter a formula into each of the cells marked with a ? below Review Problem: Activity-Based Costing Data Annual sales in units Direct materials per unit Direct labor-hours per unit Direct labor rate Activities and Activity Measures Labor related (direct labor-hours) Machine setups (setups) Production orders (orders) General factory (machine-hours) Compute the predetermined overhead rate Estimated total manufacturing overhead (a) Estimated total amount of the allocation base (b) Predetermined overhead rate (a)(b) Compute the manufacturing overhead applied Direct labor-hours per unit (a) Predetermined overhead rate (b) Manufacturing overhead applied per unit (a)(b) Compute traditional unit product costs Direct materials Direct labor Manufacturing overhead applied Traditonal unit product cost Compute activity rates Activities Labor related Machine setups Production orders General factory Compute the ABC overhead cost per unit Activities Labor related Machine setups Production orders General factory Total overhead cost assigned (a) Number of units produced (b) ABC overhead cost per unit (a)(b) Compute the ABC unit product costs Direct materials Direct labor ABC overhead cost per unit (see above) ABC unit product cost Deluxe Tourist 2,000 $25 5 10,000 $17 4 $12 per DLH Estimated Overhead Cost $ 80,000 150,000 70,000 250,000 Estimated Overhead Cost Total Expected Activity ? DLHs ? setups Tourist ? DLHs ? per DLH ? ? orders ? MHs Deluxe Activity Rate Expected Activity ? Amount Expected Tourist Activity Rate ? per DLH ? per setup ? per order ? per MH ? ? ? ? ? ? Activity Amount Deluxe Tourist Doluxe

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