Question

In need of the formulas that will be inputted into the excel sheet?

Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell B26 enter the formula "B4-B8". 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 Note that the worksheet contains a section at the bottom titled "Determine the Product Margin Under a Traditional Cost System 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. Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2.

Answer 1

_{^{Answer:- The solution by taking units as 160 is as belows.}}

_{^{Note:- The figures in Question mark are mentioned in Brown Colour
Data Manufacturing overhead Selling and Distribution OH Value in$ 500000 300000 Assembling Units 0.5 Manufacturing overhead Selling and Distribution OH 01 Processing Orders 0.35 0.45 250 orders 1000 units Office mart Orders Customers Orders Number of Filing Cabinets obtained in total Selling Price (Value in $) Direct Material (Value in $) Direct Labour(Value in $) 4 160 Customer Order Unit 180 50 First stage allocation Manufacturing overhead Selling and Distribution OH Total Cost Assembling Units =C4*C10 =C5*C11 =C25+C26 Processing Orders =C4*D10 =C5*D11 =D25+D26 Total Computation of Activity Rates Activity Cost Pools Assembling Units Processing Orders Supporting Customers Total cost =C27 =D27 =E27 =C12 =D12 =E12 Computation of Overhead cost attributable to office mart Orders Activity Cost Pools Assembling Units Processing Orders Supporting Customers =F32 =F33 =F34 Activity Rate Per unit Per order Per customers Determination of Customer Margin for the officeMart orders under Activity Based Costing Value in $ =C18"C19 Sales Cost: Direct Material Direct Labor Unit related Overhead Order related Overhead Customer related overhead Customer Margin =C18*020 C184C21 =G38 =G39 =640 =SUM(C47:C51) =D45-D51}}