Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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:

image text in transcribedimage text in transcribedimage 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 Milling 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: A B 1 Chapter 2: Applying Excel 2 3 Cost summary for Job 408 4 Department Milling Assembly 90 5 4 6 8 40 Machine-hours Direct labor-hours Direct materials cost Direct labor cost 7 $ 860 $ 360 640 8 $ 136 $ 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.) Selling price for Job 408 3. Without changing the data for the job from requirement 2 above, what is the selling price for Job 408 if the total number of machine- hours in the Assembly Department increases from 3,000 machine-hours to 5,000 machine-hours? (Round your final answer to 2 decimal places.) Selling price for Job 408 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 40,000 direct labor-hours? (Round your final answer to 2 decimal places.) Selling price for Job 408

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

Auditors Guide To IT Auditing Software Demo

Authors: Richard E. Cascarino

2nd Edition

1118147618, 978-1118147610

Students also viewed these Accounting questions

Question

When and where does title pass?

Answered: 1 week ago

Question

Identify the elements that make up the employee reward package.

Answered: 1 week ago

Question

Understand the purpose, value and drawbacks of the interview.

Answered: 1 week ago