Required information [The following information applies to the questions displayed below.] Ozuna Company uses a job-order costing system with a plantwide predetermined overhead rate based on direct laborhours. For job costing purposes, it uses an average direct labor wage rate of $20 per hour. The company has been struggling financially; accordingly, it has asked you to conduct a job profitability study beginning with a thorough critique of its existing cost system. To keep the scope of your project manageable, you have chosen a subset of 12 jobs from the many jobs completed by the company during the year. Your goal is to complete the table shown below and comment on the insights that it provides: Click here to download the Excel template, which you will use to answer the questions that follow. Rename the file with your first and last name as you will need to upload the file at the completion of this assignment in Canvas. Click here for a brief tutorial on PivotTables in Excel. Click here for a brief tutorial on VLOOKUP in Excel. idd a new sheet in the excel template titled "Question 2." You will use the data in the "Direct Labor Summary" tab to create a ivotTable to address Question 2. Make sure that your PivotTable is in the new sheet titled "Question 2." . Go to the tab titled "Direct Labor Summary.": a. Using PivotTable, calculate the total direct labor cost and total direct labor-hours for each of the 12 jobs. b. What is the total direct labor cost for Jobs 3 and 10? c. What are the total direct labor-hours for Jobs 3 and 10 ? Complete this question by entering your answers in the tabs below. What are the total direct labor-hours for Jobs 3 and 10? Required information [The following information applies to the questions displayed below.] Ozuna Company uses a job-order costing system with a plantwide predetermined overhead rate based on direct laborhours. For job costing purposes, it uses an average direct labor wage rate of $20 per hour. The company has been struggling financially; accordingly, it has asked you to conduct a job profitability study beginning with a thorough critique of its existing cost system. To keep the scope of your project manageable, you have chosen a subset of 12 jobs from the many jobs completed by the company during the year. Your goal is to complete the table shown below and comment on the insights that it provides: Click here to download the Excel template, which you will use to answer the questions that follow. Rename the file with your first and last name as you will need to upload the file at the completion of this assignment in Canvas. Click here for a brief tutorial on PivotTables in Excel. Click here for a brief tutorial on VLOOKUP in Excel. idd a new sheet in the excel template titled "Question 2." You will use the data in the "Direct Labor Summary" tab to create a ivotTable to address Question 2. Make sure that your PivotTable is in the new sheet titled "Question 2." . Go to the tab titled "Direct Labor Summary.": a. Using PivotTable, calculate the total direct labor cost and total direct labor-hours for each of the 12 jobs. b. What is the total direct labor cost for Jobs 3 and 10? c. What are the total direct labor-hours for Jobs 3 and 10 ? Complete this question by entering your answers in the tabs below. What are the total direct labor-hours for Jobs 3 and 10
