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Please provide the excel sheet with the formulas in the areas with a ? My email is Williams.keiyonna@gmail.com. Problem 23-1 Template Excel rile Home insert
Please provide the excel sheet with the formulas in the areas with a ? My email is Williams.keiyonna@gmail.com. Problem 23-1 Template Excel rile Home insert Page Layout Formulas Data Review View Help PTell me what you want to de Peste Copy | |@wrge a cente' . Conditional Format as Formatting, Table St s . % , | _ Format Parte, l B 1 u-1 E-l a- rort F11 P231A Prepare budgeled income statement and supporting budgets Cook Farm Supply Company manufactures and sells a pesticide called Snare. The following 1 a data are available for preparing budgets for Snare for the first 2 quarters of 2017 41. Sales quarter 1, 40,000 bags quarter 2, 56,000 bags. Selling price is $60 per bag 2. Direct materials each bag of Snare requires 4 pounds of Gumm at a cost of $3.80 per pound and 6 pounds of Tarr at $1.50 per pound 3 Desired inventory levels Type of Inventory o Snare (bags) 2Tarr (pounds) 4 4. Direct labor. direct labor time is 15 minutes per bag at an hourly rate of $16 per hour January 1 April 1 Juy1 8,000 15,000 18,000 9,000 10,000 13,000 14,000 20,000 25,000 11 Gumm (pounds) 15 5 Seling and adrnistrative expenses are expected to be 15% of sales plus S 175,000 per quarter 16 6 Interest Expense is $100,000 7. Income taxes are expected to be 30% of income before income taxes 18 Your assistant has prepared two budgets (1) The manufacturing overhead budget shows expected 191 costs to be 125% of direct labor cost, and (2) The direct matenals budget for Tarr shows the cost of Tarr 20 purchases to be $297,000 in quarter 1 and $439,500 in quarter 2 Instructions P23-1A O Type here to search 9-degon Electr- @Upload Amp. 4 5 6 8 9 Problem 23-1 Template Excel rile Home insert Page Layout Formulas Data Review View Help PTell me what you want to de Peste Copy | |@wrge a cente' . Conditional Format as Formatting, Table St s . % , | _ Format Parte, l B 1 u-1 E-l a- rort F11 P231A Prepare budgeled income statement and supporting budgets Cook Farm Supply Company manufactures and sells a pesticide called Snare. The following 1 a data are available for preparing budgets for Snare for the first 2 quarters of 2017 41. Sales quarter 1, 40,000 bags quarter 2, 56,000 bags. Selling price is $60 per bag 2. Direct materials each bag of Snare requires 4 pounds of Gumm at a cost of $3.80 per pound and 6 pounds of Tarr at $1.50 per pound 3 Desired inventory levels Type of Inventory o Snare (bags) 2Tarr (pounds) 4 4. Direct labor. direct labor time is 15 minutes per bag at an hourly rate of $16 per hour January 1 April 1 Juy1 8,000 15,000 18,000 9,000 10,000 13,000 14,000 20,000 25,000 11 Gumm (pounds) 15 5 Seling and adrnistrative expenses are expected to be 15% of sales plus S 175,000 per quarter 16 6 Interest Expense is $100,000 7. Income taxes are expected to be 30% of income before income taxes 18 Your assistant has prepared two budgets (1) The manufacturing overhead budget shows expected 191 costs to be 125% of direct labor cost, and (2) The direct matenals budget for Tarr shows the cost of Tarr 20 purchases to be $297,000 in quarter 1 and $439,500 in quarter 2 Instructions P23-1A O Type here to search 9-degon Electr- @Upload Amp. 4 5 6 8 9
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