J6 A 1 Formula: Subtract; Cell Referencing 3 BE14.5-Using Excel to Allocate Common Costs Using the Incremental Method PROBLEM 6 The men's a capella group and women's a capella group at the local university use the same rehearsal space. They get a better deal on the space by renting rehearsal time in consecutive time blocks. The women's group has a longer 9 tenure at the university and previously opted for a 2-hour session. The 8 10 women's group is the first-ranked user. 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 xfx 36 37 38 39 40 41 42 43 44 45 46 47 48 Total cost of 4-hour rentals Cost of 2-hour rental for women's group D $ 200 115 F Student Work Area Required: Provide input into cells shaded in yellow in this template. Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated. Using the incremental method, how much of the total cost would be allocated to each group? User Women's group Men's group Cost T Y J K L M N 0 P a R S T U V W X

J6 A 1 Formula: Subtract; Cell Referencing 3 BE14.5-Using Excel to Allocate Common Costs Using the Incremental Method PROBLEM 6 The men's a capella group and women's a capella group at the local university use the same rehearsal space. They get a better deal on the space by renting rehearsal time in consecutive time blocks. The women's group has a longer 9 tenure at the university and previously opted for a 2-hour session. The 8 10 women's group is the first-ranked user. 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 xfx 36 37 38 39 40 41 42 43 44 45 46 47 48 Total cost of 4-hour rentals Cost of 2-hour rental for women's group D $ 200 115 F Student Work Area Required: Provide input into cells shaded in yellow in this template. Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated. Using the incremental method, how much of the total cost would be allocated to each group? User Women's group Men's group Cost T Y J K L M N 0 P a R S T U V W X

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter16: Manufacturing Accounting (mfg)

Section: Chapter Questions

Problem 2R

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Assessment 2 - Word Safayet Hossen 困 File Home Insert Design Layout References Mailings Review View Help Tell me what you want to do & Share X Cut e Copy O Find Calibri (Body) -11 A A Aa v AaBbCcDd AaBbCcDd AaBbC AABBCCD AaB AaBbCcD AaBbCcDd AaBbCcDd AaBbCcDd ac Replace Paste BIU - abe X2 x A • aby v I Normal 1 No Spac.. Heading 1 Heading 2 Title Subtitle Subtle Em... Emphasis * Format Painter Clipboard Font Paragraph Styles R Clementine bought the following assets on 1 June 2016, and sold them on the 30th of June 2020: % Roshan DAS I Item Purchase Price Sale Price sonu(k180557) ABC Shares $1,915,000 $1,900,000 Rare Coin $30,000 $32,000 Television $20,500 $18,500 H Sail Boat $10,250 $30,002 % Ha My DANG Portrait by a famous artist $15,000 $11,000 Required: Calculate Clementine's Net Capital Gain or Loss for the 2020 tax year. All calculations must be shown and explanations provided. Z Puja THAGUNNA Mohamed Zafit... ABC Shares: ($15,000) Capital Loss Rare Coin: $2,000 Capital Gain…
w- 202106070805337561 Qv Search in Document Home Insert Draw Design Layout References Mailings Review View + Share a Calibri (Body) 11 A- A- Aa AaBbCcDc AaBbCcDdE AaBb AaBbCcDdEE AaBbCcDdEe AaBbCcDdEe Paste I U v abe X, x² A A Styles Pane Sensitivity Normal No Spacing Heading 1 Heading 2 Title Subtitle Orthodox School ESTIMATED PROFIT AND LOSS ACCOUNT (INCOME STATEMENT) FOR KARACHI TRADERS LTD $ Revenue (5000 units @ $3.00) 15000 Cost of goods sold (@ $1.00 per unit) Gross profit 5000 10000 Overhead expenses 4000 Operating profit (profit before tax and interest) 6000 Finance costs (interest) 2000 Profit before tax 4000 Corporation tax @ 20% Profit for the year 800 3200 Dividends paid 1200 Retained profit 2000 Profit and loss account for Karachi Traders Ltd for the year ending 31 December 2014 20 marks, 40 minutes 1. By amending this profit and loss account (income statement), calculate the new level of retained profits if the following changes actually occurred: • each unit was sold…
ne O File Edit View History Bookmarks Bookmarks Profiles Tab Window Help Review Submission History: X Bb Microsoft Word - EXCEL GRO X getproctorio.com/secured #lockdown Proctoring Enabled: Chapter 6 Homework Assignm... i с Mc Graw Hill Item Description TV Remote Installation Total revenue Required: Please answer: how much revenue would be allocated to the TV, the remote, and the installation service by Best Buy? Note: Do not round intermediate calculations. 3 $ $ 4 Allocated Revenue New Tab 2 Best Buy Co. Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota sells a big screen TV package consisting of a 60-inch plasma TV, a universal remote, and on-site installation by Best Buy staff. The installation includes programming the remote to have the TV interface with other parts of the customer's home entertainment system. Best Buy concludes that the TV, remote, and installation service are separate performance obligations. Best Buy sells the…
google x S Dallas x B Score X M mybox com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Calcul x Ber eBook Type of Admission Unscheduled admission Scheduled admission Direct Labor Standards for Nonmanufacturing Expenses Englert Hospital began using standards to evaluate its Admissions Department. The standard was broken into two types of admissions as follows: Standard Time to Complete Admission Record Print Item b. What are the standard hours for the actual volume for the week (round to the nearest whole hour)? hours. Check My Work # 30 min. 20 min. The unscheduled admission took longer because name, address, and insurance information needed to be determined and verified at the time of admission. Information was collected on scheduled admissions prior to the admissions, which was less time-consuming. [3 The Admissions Department employs three full-time people (40 productive hours per week, with no overtime) at $15 per hour. For the most recent week, the…
File Home Insert Page Layout Formulas Data Review View Help Calibri 11 -A A 22 Wrap Text General Paste BIU- O. A- S- % 9 8 8 Co E Merge & Center Fom Clipboard Font Alignment Number i UPDATES AVAILABLE Updates for Office ate ready to be installed, but first we need to close some apps Update now M3 15 16 Requirement 8: Complete the Income Statement. 17 18 Cedar River Trikes 19 Income Statement Month Ended June 30, 2018 20 21 22 (23 Sales Revenue 450,000 Cost of Goods Sold 25 24 249,300 Gross Profit 200, 700 5,400 206, 100 26 Selling and Administrative Expense 27 Net Income 28 29 30 31 HINTS All values should be entered as positive values where appropriate. Use minus sign to enter valuea 32 being deducted. 33 Cell | Hint: (Use the numeric values from other tabs where appropriate. Do not use an equal sign () when instructions ENTERANSWERS1 ENTERANSWERS2 ENTERANSWERS3 ENTERANSWERS4 ENTERANSIVER Ready O Type here to search
Assignment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator=D&inprogress%3Dfalse eBook Show Me How Calculator Print Item $37,200/52 = $715.38 weekly $715.38/35 = $20.44 hourly $20.44 x 1.5 $30.66 overtime $1,550.00 (semimonthly pay) + (7 x $20.44) + (1 x $30.66) = $1,723.74 Sheila Williams, a medical secretary, earns $3,575 monthly for a 35-hour week. For overtime work, she receives extra pay at the regular hourly rate up to 40 hours and time and one-half beyond 40 hours in any week. During one semimonthly pay period, Williams worked 10 hours overtime. Only 2 hours of this overtime were beyond 40 hours in any one week. Compute the following amounts. Round all divisions to two decimal places and use the rounded amounts in subsequent computations. Round your final answers to the nearest cent. a. The regular semimonthly earnings 1,787.50 b. The overtime earnings 186.78 c. The total earnings 1,474.28 X Feedback TCheck My Work a. Divide monthly earnings by 2 to get semimonthly…
Excel File Edit View Insert Format Tools Data .. AutoSaveB2-C- Home Insert Draw Page Layout - n Paste H16 X 12 13 Calibri (Body) B I U . 14 14 15 16 17 18 19 20 21 33 Ready HY B A B 1 Formulas: Multiply, Add, Divide; Cell Referencing 2 12 Direct labor rate per hour Markup charged on jobs Enter Answer + Accessibility: Investigate Formulas LEOO tab *** A A & A ✓ Update Available We've made some fixes and improvements. To complete the process, the app needs to restart. x ✓ fx Budgeted MOH costs at start of year Budgeted direct labor hours at start of year Estimated hours for new client's job esc BE8.12-Using Excel to Determine Job Cost and Bid Price for a Service 4 Company 5 PROBLEM 6 Jace and Associates provides professional consulting services to a variety of 7 clientele in an effort to help them improve the operating effectiveness and 8 profitability of their businesses. The company's accountant established 9 budgeted direct labor hours as its allocation base. The company is 10…
Jasmine Thompson Document2 - Word O Search B Share Home Design Layout References Mailings Review View Help Insert Draw O Find Cut Calibri (Body) 12 A A Aa A E E E EE T AaBbCcDd AaBbCcDd AaBbC AaBbCcC AaB AABBCCD AaBbCcDd AaBbCcDd S Replace Dictate Copy 田 1 Normal 1 No Spac.. Heading 1 Heading 2 Title Subtitle Subtle Em... Emphasis A Select v BIU ab x, x' A v 3 Format Painter Styles Editing Voice pboard Paragraph Font 7 17. The Brown Company's 12/31 Trail Balance totals $10,000. Two adjusting entries are made: 1. Depreciation on machinery $1,000 2. Expiration of Prepaid Insurance $500 Brown's Adjusted Trial Balance will total: a. $9,000 b. $9,500 c. $11,500 d. $11,000 e. $10,500 age 5 of 6 969 words English (United States) Focus ב P Type here to search ENG 1:13 AM US 1/19/2021 127
Document3 - Word Search Jasmine Thompson AutoSave Off E Share File Home Insert Draw Design Layout References Mailings Review View Help Find - X Cut Calibri (Body) 14 A A" Aa A EE E EE T AaBbCcDd AaBbCcDd AABBCC AaBbCcD AaB AaBbCcD AaBbCcDd AaBbCcDd Replace Copy Subtle Em.. Emphasis Dictate Paste BIU ab x, x A Dv Av 三三、、田、 I Normal 1 No Spac.. Heading 1 Heading 2 Title Subtitle A Select v S Format Painter Clipboard Paragraph Styles Editing Voice Font 3 4 5. 15. A firm failed to make an adjusting entry on December 31, 2008 to recognize revenue earned in 2008 that will be collected in January 2009. What was the effect of this error on the December 31, 2008 financial statements? a. An understatement of assets and revenues, and an overstatement of stockholders' equity b. An overstatement of liabilities and assets and an understatement of revenues C. An understatement of assets and an understatement of stockholders' equity d. An overstatement of liabilities and an understatement of retained…
AutoSave Off Document2 - Word O Search Jasmine Thompson File Home Insert Draw Design Layout References Mailings Review View Help X Cut LCopy Paste Calibri (Body) 12 A A Aa A EE - 'Ev EE21T AaBbCcDd AaBbCcDd AABBCC AABBCCC AaB AaBbCcD AaBbCcDd AaBbCcDd OFind BIU ab x, x A ev Av 三三、、田 Replace S Format Painter I Normal 1 No Spac.. Heading 1 Heading 2 Title Subtitle Subtle Em... Emphasis A Select Clipboard Font Paragraph Styles Editing 2. 3 4 13. Which of these accounts would be closed at year-end? Retained Earnings Prepaid Expenses Purchase Discounts a. Yes No Yes b. Yes Yes No c. No Yes Yes d. No No Yes e. Yes No No D Focus ENG 1:1 969 words K English (United States) Page 2 of 6 US 1/19 e Type here to search prt sc delete f6
Approved CAE_BSA BSMA BSAIS BSIA_ACC 124_Sombilon.Aguilar (1).pdf - Foxit Reader File Home Comment Fil & Sign View Form Protect Share Connect Help Tell me what you want to do... Find O SnapShot B Clipboard O Fit Page TI T 110.51% A Link File Attachment D Fit Width D Fit Visible Rotate Left Bookmark Le Image Annotation Hand Select Actual Reflow Typewriter Highlight Rotate Right | Audio & Video Size Tools View Comment Links Insert PDF 4 Word Convert Start Approved CAE_BSA BS... PDF 2 Word DAIF checks of customers returned by bank Error in recording a check in the book. The correct amount as paid by the bank is P100,000 instead of P200,000 as recorded in the book The correct cash balance under current assets on December 31, 2019 is 500,000 100,000 Problem 11 The accounts of DMCI Holdings, Inc. revealed the following facts on August 31,2019. Balance of bank statement 1,200,000 Outstanding checks, August 31: Number 555 10,000 55,000 40,000 25,000 65,000 70,000 275,000 761 UM 762 763 764 765…
Open the file VARCOST from the website for this book at cengagebrain.com. Enter the formulas where indicated on the worksheet. Enter your name in cell A1. Save the completed file as VARCOST2. Print the worksheet when done. Also print your formulas. Check figure: Absorption income (cell C31), 768,000.