Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Project 2 Su17 (1) Excel FILE HOME INSERT PAGE LAYOUTFORMULAS DATA REVIEW VIEWPOWER QUERY Nicole Ward send Feedback Help Catalog From From From From Online

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Project 2 Su17 (1) Excel FILE HOME INSERT PAGE LAYOUTFORMULAS DATA REVIEW VIEWPOWER QUERY Nicole Ward send Feedback Help Catalog From From From From Online From Other Recent From Merge Append ShLaunch Data Source Options Update Data Catalog web File. Database Services* Sources* Sources* Table Pane Editor Settings Get Extemal Data Excel Data Combine mbine Workbook Queries Power Bl 6 Enter the last 4 digits of your student ID number: (These digits will be used to for some variables in the project) 8 Save this file in EXCEL FORMAT as: P2Lastname 9 Round all dollar amounts to whole dollars, except for per unit amounts. Per unit amounts should be Lowest other than 0- 10 rounded to the nearest cent. Percentages should be rounded as follows: 20.75% or .2075 11 Do not change rows or colums on this spreadsheet. Input areas are in yellow. 12 You MUST show your wonk in the areas indicated to get credit for the problem. 13 14 Presented below is Trident Company's Income Statement prepared on the traditional (functional) basis: Highest- 16 Requirement 1: Replace the two unknown amounts (?) In A, and B. as directed. To find the unknown for B, you ll have to 17 complete Requirement 2. Then, complete the totals on the income statement. 20 21 Trident Company Income Statement For the Year Ended December 31, 2016 $350,000 Sales Cost of Goods Sold 23 24 25 26 27 28 Direct Materials (variable) Direct Labor (variable) Manufacturing Overhead (mixed) $60,000 64,000 175,500 173,500 Gross Margin Proj 2 - + 100% 812 PM Type here to search

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 Employers Guide To Surviving Payroll And Human Resources Audits 2019

Authors: Paul E Love

1st Edition

1073422771, 978-1073422777

More Books

Students also viewed these Accounting questions

Question

Are my points each supported by at least two subpoints?

Answered: 1 week ago