These questions will need the attached Excel picture to answer the questions below.

The problems under start with why.....

Determine the Product Margin Under a Traditional Cost System that is not in the Review Problem. In this section, it is assumed that the traditional costing system allocates manufacturing overhead on the basis of the number of units produced. When completed, that part of the worksheet should contain the following results:

52	Determine the product margin for the OfficeMart orders under a traditional cost system
53	Manufacturing overhead	$	500,000
54	Total activity		1,000	units
55	Manufacturing overhead per unit	$	500	per unit
56
57	Sales			$	47,600
58	Costs:
59	Direct materials	$	14,400
60	Direct labor		4,000
61	Manufacturing overhead		40,000		58,400
62	Traditional costing product margin			$	(10,800)
63

After entering formulas in all of the cells that contained question marks, verify that the dollar amounts match the numbers in the Review Problem.

Check your worksheet by doubling the units ordered in cell B16 to 160. The customer margin under activity-based costing should now be $7,640 and the traditional costing product margin should be $(21,600). If you do not get these results, find the errors in your worksheet and correct them.

Use the below Picture to solve for Activity Based Costing

Solve - Perform the First stage allocations

Solve - Compute the activity rates

Solve- Compute the overhead costs attributable to the office Mart orders

Solve- Determine the customer margin for the Office Mart orders under Activity Based costing

Solve - Determine the product margin for office mart orders under traditional cost system

1 Chapter 5: Applying Excel B Data 6 \begin{tabular}{c|l} \hline 8 & \\ \hline 9 & Manufacturing overl \\ 10 & Selling and administ \\ 11 & \\ \hline 12 & \\ 13 & OfficeMart orders: \end{tabular} Assembling Processing Supporting 14 Customers 1 customer 15 Orders 21 Enter a formula into each of the cells marked with a ? below 22 Review Problem: Activity-Based Costing 24 Perform the first stage allocations 30 Compute the activity rates 31 Activity Cost Pools 32 Assembling units 33 Processing orders \begin{tabular}{|ccc|} \hline Total cost & Total Activity & Activity Rate \\ ?? & ? units & ? per unit \\ ? & ? orders & ? per order \\ \hline \end{tabular} Chapter 5 Form Ready if Accessibility: Good to go 30 Compute the activity rates \begin{tabular}{l|ll} 31 & Activity Cost Pools & Total Cost \\ 32 & Assembling units & ? \\ 33 & Processing orders & Total Ac \\ 34 & Supporting customers & ? \\ 36 & & Compute the overhead cost attributable to the Office Mart orders \\ 37 & Activity Cost Pools & ? \\ 38 & Assembling units & Activity Rate \\ 39 & Processing orders & ? per unit \\ 40 & Supporting customers & ? per order \\ 41 & & ? per customer \\ 42 & Determine the customer margin for the OfficeMart orders under Activity- \\ 43 & Sales & ? \\ 44 & Costs: & ? \\ 45 & Direct materials & ? \\ 46 & Direct labor & ? \\ 47 & Unit-related overhead & ? \\ 48 & Order-related overhead & ? \\ 49 & Customer-related overhead & ? \\ \hline 50 & Customer margin & ? \\ \hline 51 & & ? \\ \hline \end{tabular} Activity Rate ? per unit ? per order ? per customer Determine the product margin for the OfficeMart orders under a traditional cost system