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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