Using the following excel sheets, calculate the customer margin under activity-based costing. Then calculate the product margin under the traditional costing system.

A B C D E Assessment Tool iFrame g Excel 2 3 Data 4 Manufacturing overhead 500,000 5 Selling and administrative overhead $ 300,000 6 7 Assembling Processing Supporting Units Orders Customers Other 8 Manufacturing overhead 50% 35% 5% 10% 9 Selling and administrative overhead 10% 45% 25% 20% 10 Total activity 1,000 250 100 11 units orders customers 12 13 OfficeMart orders: 14 Customers 1 customer 15 Orders 15 orders 16 Number of filing cabinets ordered in total 80 units 17 Selling price 595 18 Direct materials 180 19 Direct labor 50(a) What is the customer margin under activitybased costing when the number of orders increases to 15? (Enter a loss as a negative amount.) (b) What is the product margin under the traditional costing system when the number of orders increases to 15? (Enter a loss as a negative amount.) 3. OfficeMart has found an error in its data. The percentage of selling and administrative overhead attributable to processing orders should be changed to 30% from 45% and the percentage attributable to supporting customers should be changed to 40% from 25%. 1 Chapter 7: Applying Excel 2 3 Data 4 Manufacturing overhead 500,000 5 Selling and administrative overhead 300,000 6 7 Assembling Processing Supporting Units Orders Customers 8 Manufacturing overhead 50% 35% 5% 9 Selling and administrative overhead 40% 10 Total activity 100 1 1 customers 12 13 OfficeMart orders: 14 Customers customer 15 Orders 16 Number of ling cabinets ordered in total 17 Selling price 18 Direct materials 19 Direct labor :5 50 (a) Based on new number of orders in Requirement 2, what is the customer margin under activitybased costing when the data are corrected? (Enter a loss as a negative amount.) (b) Based on new number of orders in Requirement 2, what is the product margin under the traditional costing system when the data are corrected? (Enter a loss as a negative amount.)