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2 3 4 5 Required Complete the spreadsheet to calculate the contribution to income if the special order is accepted. Construct formulas so that the number of cases or the price could be changed and the new contribution would be 6 automatically calculated. 789 9 Dorina Company makes cases of canned dog food in batches of 1,000 cases and sells each case for $15. The plant capacity is 50,000 cases; the company currently makes 40,000 cases. Doggie-Mart has offered to buy 1,500 cases for $12 per case. Because product-level and facility-level costs are unaffected by a special order, they are omitted. Spreadsheet Tips 1. The numbers in cells B18 to B20 should be formulas that refer to B15. This allows the number of cases to be changed in cell B15 with the other cells changing automatically. 10 Note: Negative amounts or amounts to be deducted should be input and displayed as negative values. All other answers should be input and displayed as positive values. 12 13 14 2. The formula in cell B21 uses a function named ROUNDUP to calculate the even number of batches. The formula should be =ROUNDUP(B15/1000,0) where the zero refers to rounding up to the nearest whole number. 11 3. (Ungraded) Explore the power of formulas by copying cells A14 to G23 into the scratchpad area below. Try different order sizes (such as 2,000) or different prices to see the effect on contribution to profit. 15 Number of units 16 Differential revenue 17 Unit-level costs 18 Materials 19 Labor 20 Supplies 21 Batch-level costs 22 Total cost 23 24 36 Contribution to income Relevant Information for Special Order 40,000 X $ *$ XS xS 2,40 3.20 1.20 5,000 1,000 $ 40,000 15 50,000 1,500 $ 12

2 3 4 5 Required Complete the spreadsheet to calculate the contribution to income if the special order is accepted. Construct formulas so that the number of cases or the price could be changed and the new contribution would be 6 automatically calculated. 789 9 Dorina Company makes cases of canned dog food in batches of 1,000 cases and sells each case for $15. The plant capacity is 50,000 cases; the company currently makes 40,000 cases. Doggie-Mart has offered to buy 1,500 cases for $12 per case. Because product-level and facility-level costs are unaffected by a special order, they are omitted. Spreadsheet Tips 1. The numbers in cells B18 to B20 should be formulas that refer to B15. This allows the number of cases to be changed in cell B15 with the other cells changing automatically. 10 Note: Negative amounts or amounts to be deducted should be input and displayed as negative values. All other answers should be input and displayed as positive values. 12 13 14 2. The formula in cell B21 uses a function named ROUNDUP to calculate the even number of batches. The formula should be =ROUNDUP(B15/1000,0) where the zero refers to rounding up to the nearest whole number. 11 3. (Ungraded) Explore the power of formulas by copying cells A14 to G23 into the scratchpad area below. Try different order sizes (such as 2,000) or different prices to see the effect on contribution to profit. 15 Number of units 16 Differential revenue 17 Unit-level costs 18 Materials 19 Labor 20 Supplies 21 Batch-level costs 22 Total cost 23 24 36 Contribution to income Relevant Information for Special Order 40,000 X $ *$ XS xS 2,40 3.20 1.20 5,000 1,000 $ 40,000 15 50,000 1,500 $ 12

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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2 3 4 5 Required Complete the spreadsheet to calculate the contribution to income if the special order is accepted. Construct formulas so that the number of cases or the price could be changed and the new contribution would be automatically calculated. 6 789 Dorina Company makes cases of canned dog food in batches of 1,000 cases and sells each case for $15. The plant capacity is 50,000 cases; the company currently makes 40,000 cases. Doggie-Mart has offered to buy 1,500 cases for $12 per case. Because product-level and facility-level costs are unaffected by a special order, they are omitted. 9 Note: Negative amounts or amounts to be deducted should be input and displayed as negative values. All other answers should be input and displayed as positive values. Spreadsheet Tips 10 1. The numbers in cells 818 to 820 should be formulas that refer to B15. This allows the number of cases to be changed in cell B15 with the other cells changing automatically. 2. The formula in cell B21 uses a function named ROUNDUP to calculate the even number of batches. The formula 11 should be =ROUNDUP(B15/1000,0) where the zero refers to rounding up to the nearest whole number. 3. (Ungraded) Explore the power of formulas by copying cells A14 to G23 into the scratchpad area below. Try different order sizes (such as 2,000) or different prices to see the effect on contribution to profit. 12 13 14 15 Number of units 16 Differential revenue 17 Unit-level costs 18 Materials, 19 Labor 20 Supplies 21 Batch-level costs 22 Total cost 23 24 35 Contribution to income Relevant information for Special Order 40,000 3 x $ $ x S xS 2.40 3.20 1.20 5,000- 1,000 $ 40,000 15 50,000 1,500 $ 12
Transcribed Image Text:2 3 4 5 Required Complete the spreadsheet to calculate the contribution to income if the special order is accepted. Construct formulas so that the number of cases or the price could be changed and the new contribution would be automatically calculated. 6 789 Dorina Company makes cases of canned dog food in batches of 1,000 cases and sells each case for $15. The plant capacity is 50,000 cases; the company currently makes 40,000 cases. Doggie-Mart has offered to buy 1,500 cases for $12 per case. Because product-level and facility-level costs are unaffected by a special order, they are omitted. 9 Note: Negative amounts or amounts to be deducted should be input and displayed as negative values. All other answers should be input and displayed as positive values. Spreadsheet Tips 10 1. The numbers in cells 818 to 820 should be formulas that refer to B15. This allows the number of cases to be changed in cell B15 with the other cells changing automatically. 2. The formula in cell B21 uses a function named ROUNDUP to calculate the even number of batches. The formula 11 should be =ROUNDUP(B15/1000,0) where the zero refers to rounding up to the nearest whole number. 3. (Ungraded) Explore the power of formulas by copying cells A14 to G23 into the scratchpad area below. Try different order sizes (such as 2,000) or different prices to see the effect on contribution to profit. 12 13 14 15 Number of units 16 Differential revenue 17 Unit-level costs 18 Materials, 19 Labor 20 Supplies 21 Batch-level costs 22 Total cost 23 24 35 Contribution to income Relevant information for Special Order 40,000 3 x $ $ x S xS 2.40 3.20 1.20 5,000- 1,000 $ 40,000 15 50,000 1,500 $ 12
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