Required information Excel Analytics 02-01 (Static) Cost Concepts [L01, L02, L03, L05] [The following information applies to the questions displayed below] Crispin Company's sales from last year were $8 million. The company maintains no beginning or ending inventories. It has assembled all of its costs from last year and would like your assistance in sorting these costs into various categories, depicting them graphically, and preparing traditional and contribution format income statements. Click here for a brief tutorial on PivotTables in Excel. Click here for a brief tutorial on PivotCharts in Excel. Click here for a brief tutorial on SUMIF in Excel. Note: depending on browser settings, it may be necessary to rightclick on the link and click "Save link as..." to download. Excel Analytics 02-01 (Static) Part 1 Required: 1. Go to the \"Cost Summary" tab. Using PivotTable and Charts: 3. Calculate the company's total product costs and total period costs. b. Calculate the portions of the total product costs that would be classified as direct materials, direct labor, and manufacturing overhead (MOH). c. Calculate the portions of the total period costs that would be classied as selling expense and administrative expense. Calculate the company's total product costs and total period costs. The total products costs are _ The total period costs are _ Calculate the portions of the total product costs that would be classied as direct materials, direct labor, and manufacturing overhead (MOH). The total direct material cost is The total direct labor cost is The total manufacturing overhead cost is Calculate the portions of the total period costs that would be classified as selling expense and administrative expense. The total selling expense is _ The total administrative expense is _ d. Prepare a bar chart that includes a total of two bars. The first bar will depict the total period costs and the amounts of that grand total that are categorized as selling expenses and administrative expenses. The second bar will depict the total product costs and the amounts of that grand total that are categorized as direct materials, direct labor, and manufacturing overhead (MOH). Which of the following statements are true according to this bar chart. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) a The direct labor is the smallest amount of the three product costs. a The total selling expense is greater than the total administrative expense. 5 The total selling expense is less than the total direct materials cost