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Please type out formulas for each yellow cell. Thank you so much! C D E F G H I J Name 1 2 Tracey Excel
Please type out formulas for each yellow cell.
Thank you so much!
C D E F G H I J Name 1 2 Tracey Excel Flexible Budget 4 The Tracey Company produces a karate robe. For the month of May, the company had the following 5 information for their flexible budget: 6 7 Actual number of robes produced 2,000 robes 9 Direct material cost per robe $18.20 2.8 yards @ $6.50 per yard 10 11 Direc labor cost per robe $3.60 = 0.4 hours @ $9 per hour 13 Variable overhead cost per robe $1.20 0.4 hours $3 per hour 14 15 Required: 16 11 Complete the flexible budget in column below. Yellow cells must be a formula or cell reference. 17 18 (2) Complete the report below, indicating the spending variances and whether the variance is 19 Unfavorable (type in U) or Favorable (type in F). Variances should be shown as a postive number so 20 use the =ABS() in your formulas for column D. 22 You may type in U or Fin column G. Actual Results Spending Variance Flexible Budget $36,000.00 26 Direct materials 27 28 Direct labor $7,500.00 30 Variable overhead $3,800.00 33 C D E F G H I J Name 1 2 Tracey Excel Flexible Budget 4 The Tracey Company produces a karate robe. For the month of May, the company had the following 5 information for their flexible budget: 6 7 Actual number of robes produced 2,000 robes 9 Direct material cost per robe $18.20 2.8 yards @ $6.50 per yard 10 11 Direc labor cost per robe $3.60 = 0.4 hours @ $9 per hour 13 Variable overhead cost per robe $1.20 0.4 hours $3 per hour 14 15 Required: 16 11 Complete the flexible budget in column below. Yellow cells must be a formula or cell reference. 17 18 (2) Complete the report below, indicating the spending variances and whether the variance is 19 Unfavorable (type in U) or Favorable (type in F). Variances should be shown as a postive number so 20 use the =ABS() in your formulas for column D. 22 You may type in U or Fin column G. Actual Results Spending Variance Flexible Budget $36,000.00 26 Direct materials 27 28 Direct labor $7,500.00 30 Variable overhead $3,800.00 33Step by Step Solution
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