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Stumped on these questions in the second and third picture in reference to the first. Anything helps. Thanks! Chapter 2: Applying Excel Data Markup on

Stumped on these questions in the second and third picture in reference to the first. Anything helps. Thanks! image text in transcribed
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Chapter 2: Applying Excel Data Markup on job cost 75% Department Entor a formula into each of the cells marked with a ? bolow Step 1: Calculate the estimated total manufacturing overhead cost for each department \begin{tabular}{|l|r|r|} \hline Total fixed manutacturing overhead cost & Milling & Assembly \\ \hline Variable manufacturing overhead per machine-hour or direct labor-hour & ? & ? \\ \hline Total machine-hours or direct labor-hours & ? & ? \\ \hline Total variable manufacturing overhead & ? & ? \\ \hline Total manufacturing overhead & ? & ? \\ \hline \end{tabular} Step 2: Calculate the predetermined overhead rate in each department Total manufacturing overhead Total machine-hours or direct labor-hours Predetermined overhead rate per machine-hour or direct labor-hour \begin{tabular}{|r|r|} \hline \multicolumn{1}{|c|}{ Milling } & \multicolumn{1}{c|}{ Assembly } \\ \hline? & ? \\ \hline? & ? \\ \hline? & ? \\ \hline \end{tabular} Step 3: Calculate the amount of overhead applied from both departments to Job 407 Predetermined overhead rate per machine-hour or direct labor-hour Machine-hours or direct labor-hours for the job Manufacturing overhead applied Milling Assembly Step 4: Calculate the total job cost for Job 407 Direct materials Direct labor cost Manufacturing overhead applied Total cost of Job 407 \begin{tabular}{|l|l|} \hline? & ? \\ \hline? & ? \\ \hline? & ? \end{tabular} Step 5: Calculate the selling price for Job 407 Total cost of Job 407 Markup Selling price of Job 407 . other data the same as in the original example. Consider a new job, Job 408 , with the following characteristics: 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.) 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 machinehours in the Assembly Department increases from 3,000 machine-hours to 5,000 machine-hours? (Round your final answer to 2 decimal places.) 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 50,000 direct labor-hours? (Round your final answer to 2 decimal places.)

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