Download the Applying Excel form and enter formulas in all cells that contain qu

Question

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". Note that the worksheet contains a section at the bottom titled "Determine the Product Margin Under a Traditional Cost System 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 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 54 Total activity 55 Manufacturing overhead per unit 56 57 Sales 58 Costs: 59 Direct materials 60 Direct labor 61 Manufacturing overhead 62 Traditional costing product margin 63 500,000 1,000 500 units per unit 47,600 14,400 4,000 40,000 58,400 (10,800) 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.

Explanation / Answer

Part 2

Subpart A

Subpart B

Subpart C

if a customer orders more frequently, but orders the same total number of units over the course of a year, the customer margin under activity based costing will decrease.

If a customer orders more frequently, but orders the same total number of units over the course of a year, the product margin under a traditional costing system will be unaffected.

  

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Sales 47600 Direct material 14400 direct labour 4000 Assembling overhead 22400 Processing (8 x 1240) 9920 Supporitng customers 1000 Profit / Loss (4120)

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