The Excel worksheets relates to the Dickson Company example that is summarized in Exhibit 2-5

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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 other data the same as in the original example. Consider a new job, Job 408, with the following characteristics: B Chapter 2: Applying Excel 1 2 3 Cost summary for Job 408 4 5 6 Machine-hours Direct labor hours Direct materials cost Direct labor cost Department Milling Assembly 90 2 5 40 890 $ 450 90 $ 640 7 $ $ 8 EXHIBIT 2-5 Dickson Company: An Example Using Multiple Predetermined Overhead Rates Step 1: Calculate the estimated total manufacturing overhead cost for each department. Milling Department Overhead Cost (4): Assembly Department Overhead Cost (): = $390,000 + ($2.00 per MH