Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the spreadsheet extract to answer the questions F C D E E 1 1 Materials budgets: 50mm x 20mm pine 2 3 September October

image text in transcribedimage text in transcribed

Use the spreadsheet extract to answer the questions F C D E E 1 1 Materials budgets: 50mm x 20mm pine 2 3 September October November Total 4 5 Usage budget units units units units 6 7 Production of tables 250 280 290 820 8 9 metres metres metres metres 10 Raw material usage 625 700 725 ? 11 12 13 Purchases budget metres metres metres metres 14 Production usage 625 700 725 ? 15 Add: closing stock 28 29 30 ? 16 Less: opening stock (25) (28) ( (29) 2 17 Purchases 628 701 726 2055 18 19 $ $ $ $ 20 21 Raw material purchases 5903.20 6589.40 6824 40 19317.00 22 23 24 Raw materials data 25 Usage per unit of production (metres) 2.5 26 Purchase price per metre ($) 9.40 27 28 Assumptions 29 1 The closing stock in one month is 4% of the following month's production requirement 302 From December onwards production of tables will plateau at 290 Required Which of the following cells require the input of an actual value rather than a formula relating to another cell on the spreadsheet? Choose... - Suggest a formula for the following: D14; Choose.. The total column has yet to be completed. Match up the cells below with the appropriate formulae in order to complete this column. E10: Choose.. E14: Choose... Which of the following cells require the input of an actual value rather than a formula relating to another cell on the spreadsheet: Choose... - Suggest a formula for the following: Choose.. B16 D14; Choose. C7 Choose. B15 =-B15 or --C14*0.04 =SUM(D14:016) =D10 or=D7*B25 =C17+B26 or=C17*$B$26 =D7-B25 =D10-D7 C10 The total column has yet to be completed. Match up the cells below with the appropriate formulae in order to complete this column. E10: Choose... Choose... E14: = 10 E10 AND E14 HAVE THE SAME DROP BOX OPTIONS =SUM(B16:016) =D15 =B15 =SUM(B10:010) =D16 =B16 =SUM(B10:E10) =SUM(B15:15)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial & Managerial Accounting, 1, 2 Terms (12 Months)

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

14th Edition

133727075X, 9781337270755

More Books

Students also viewed these Accounting questions

Question

=+c. Find or create a visual.

Answered: 1 week ago