Which of the following formulas correctly calculates the cost per equivalent unit of conversion in cell D$25?$ Hint: Remember that

Excel uses the order of operations. PARENTHESES then EXPONENTS then MULTIPLICATION and DIVISION then ADDITION and

SUBTRACTION. Make sure to add parentheses where necessary.

Multiple Choice

$=+$C$8+$C$12*$D$23$

$=+($C$8+$C$12)/$D$23$

$=+($C$8-$C$12)/$D$23$

$=+$C$8+$C$12/$D$23$