FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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S26
fx
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1 Formula: Add, Subtract; Cell Referencing
2
3 Using Excel to Calculate Manufacturing Costs
Student Work Area
4
PROBLEM
Required: Provide input into cells shaded in yellow in this template.
5 Presented below are incomplete manufacturing cost data.
Use mathematical formulas with cell references to the Problem area.
Use the SUM function when indicated.
7
Direct
Total
8.
Materials
Direct Labor
Manufacturing
Factory
Overhead
9.
Used
Used
Costs
Determine the missing amounts for three different situations.
10
1. $ 40,000
2.
11
3.
$ 50,000
2$
140,000
111,000
$ 61,000
?
75,000
1. Total manufacturing costs
296,000
310,000
12
55,000
?
13
2.
Direct materials used
14
15
3.
Direct labor used
16
17
18
61
20
21
22
23
24
25
26
27
28
29
30
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Transcribed Image Text:S26 fx А В E F G H K M N Q S U 1 Formula: Add, Subtract; Cell Referencing 2 3 Using Excel to Calculate Manufacturing Costs Student Work Area 4 PROBLEM Required: Provide input into cells shaded in yellow in this template. 5 Presented below are incomplete manufacturing cost data. Use mathematical formulas with cell references to the Problem area. Use the SUM function when indicated. 7 Direct Total 8. Materials Direct Labor Manufacturing Factory Overhead 9. Used Used Costs Determine the missing amounts for three different situations. 10 1. $ 40,000 2. 11 3. $ 50,000 2$ 140,000 111,000 $ 61,000 ? 75,000 1. Total manufacturing costs 296,000 310,000 12 55,000 ? 13 2. Direct materials used 14 15 3. Direct labor used 16 17 18 61 20 21 22 23 24 25 26 27 28 29 30
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