Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please please help! thank you so so much. i really appreciate it! complete all parts. Required information Chapter 2: Applying Excel This Excel worksheet relates

please please help! thank you so so much. i really appreciate it! complete all parts.
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Required information Chapter 2: Applying Excel This Excel worksheet relates to the Dickson Company example that is summarized in Exhibit 2.5 Chapter 2: Applying Excel: Exercise (Part 2 of 2) 2. Change the total fixed manufacturing overhead cost for the Miling Department in Data area back to $390,000, keeping all of the other data the same as in the original example. Consider a new job, Job 408 , with the following characteristics: In your worksheet, enter this new data in the cells for Job 407 . In your worksheet, enter this new data in the cells for Job 407. What is the new selling price for Job 408 ? (Round your final answer to 2 decimal places.) 3. Without changing the data for the job from requirement 2 above, what is the selling price for Job 408 if the fotal number of machine-hours in the Assembly Department increases from 3,000 machine-hours to 5,000 machine-hours? (Round your fina! answer to 2 decimal places.) 4. Restore the total number of machine-hours in the Assembly Department to 3,000 machine-hours. And keep the job data the same as it was in Requirement 2. What is the selling price for Job 408 if the total number of direct labor-hours in the Assembly Department decreases from 80,000 direct labor-hours to 50,000 direct labor-hours? (Round your final answer to 2 decimal places.) Step 3: Calculate the amount of overhead applied from both departments to Job 407 \begin{tabular}{|c|c|c|c|} \hline & Milling & Assembly & \\ \hline Predetemined overhead rate per machine-hour or direct labor-hour & ? & ? & \\ \hline Machine-hours or direct laborthours for the job & ? & ? & \\ \hline Manufacturing overhead applied & ? & ? & \\ \hline \multicolumn{4}{|l|}{ Stop 4: Calcula te the total job cost for Job 407} \\ \hline & Milling & Assembly & Total \\ \hline Diroct materials & ? & ? & ? \\ \hline Direct labor cost & ? & ? & ? \\ \hline Manufacturing overhead applied & ? & ? & ? \\ \hline \multirow{2}{*}{ Total cost of Job 407} & & & ? \\ \hline & & & \\ \hline \multicolumn{4}{|l|}{ Step 5: Calculate the selling price for Job 407} \\ \hline Total cost of Job 407 & & & ? \\ \hline Markoup & 11 & & ? \\ \hline Selling price of Job 407 & & & ? \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Required information Chapter 2: Applying Excel This Excel worksheet relates to the Dickson Company example that is sumerarised in Exhibit 2.5 Chapter 2: Applying Excel: Excel Worksheet (Part 1 of 2) Domioad the Apolying Excel form and enter formulas in all ceels that contain question macks. The Chapter 2 foim wonsheet is to be used to create your own worhsheet version of the oxamplo in the toxt: Ater entering formulai in ali of the cebis that contained question maiks, verily that the amounts match uve example in the text Check your worksheet by changing the total ficed manufacturing overtiead cost for the Muling Department in the Oata atea to $300.000, keeping all other data the same as in the them. You should proceed to the requirenents below only after completing your worksheet. Sove your completed Applying Excel form to your computer and then uplosd it here by clicking "Erowse," Next, click "Save," You will use this worksheet to answer the queutions in Pan 2

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Information Audit A Practical Guide

Authors: Susan Henczel, Sue Henczel

1st Edition

3598243677, 978-3598243677

More Books

Students also viewed these Accounting questions

Question

write the points that the graph on the dont exis

Answered: 1 week ago