2. Change the total fixed manufacturing overhead cost for the Milling Department In Data area back to $390,000, keeping all of the other data the same as in the original example. Consider a new job, Job 408, with the following characteristics: A 1 Chapter 2: Applying Excel B C 2 3 Cost summary for Job 408 Department 4 Milling Assembly 5 Machine-hours 70 4 6 Direct labor-hours 6 40 7 Direct materials cost $ 790 $ 360 00 Direct labor cost $ 120 $ 760 In your worksheet, enter this new data in the cells for Job 407. What is the new selling price for Job 408? 3. Without changing the data for the job from requirement 2 above, what is the selling price for Job 408 If the total number of machine- hours in the Assembly Department Increases from 3,000 machine-hours to 4,000 machine-hours? 4. Restore the total number of machine-hours in the Assembly Department to 3,000 machine-hours. And keep the job data the same as it was in Requirement 2. What is the selling price for Job 408 If the total number of direct labor-hours in the Assembly Department decreases from 80,000 direct labor-hours to 40,000 direct labor-hours?
2. Change the total fixed manufacturing overhead cost for the Milling Department In Data area back to $390,000, keeping all of the other data the same as in the original example. Consider a new job, Job 408, with the following characteristics: A 1 Chapter 2: Applying Excel B C 2 3 Cost summary for Job 408 Department 4 Milling Assembly 5 Machine-hours 70 4 6 Direct labor-hours 6 40 7 Direct materials cost $ 790 $ 360 00 Direct labor cost $ 120 $ 760 In your worksheet, enter this new data in the cells for Job 407. What is the new selling price for Job 408? 3. Without changing the data for the job from requirement 2 above, what is the selling price for Job 408 If the total number of machine- hours in the Assembly Department Increases from 3,000 machine-hours to 4,000 machine-hours? 4. Restore the total number of machine-hours in the Assembly Department to 3,000 machine-hours. And keep the job data the same as it was in Requirement 2. What is the selling price for Job 408 If the total number of direct labor-hours in the Assembly Department decreases from 80,000 direct labor-hours to 40,000 direct labor-hours?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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sh3
Transcribed Image Text:2. Change the total fixed manufacturing overhead cost for the Milling Department In Data area back to $390,000, keeping all of the
other data the same as in the original example. Consider a new job, Job 408, with the following characteristics:
A
1 Chapter 2: Applying Excel
B
C
2
3
Cost summary for Job 408
Department
4
Milling
Assembly
5
Machine-hours
70
4
6
Direct labor-hours
6
40
7 Direct materials cost
$
790
$
360
00
Direct labor cost
$
120 $
760
In your worksheet, enter this new data in the cells for Job 407.
What is the new selling price for Job 408?
3. Without changing the data for the job from requirement 2 above, what is the selling price for Job 408 If the total number of machine-
hours in the Assembly Department Increases from 3,000 machine-hours to 4,000 machine-hours?
4. Restore the total number of machine-hours in the Assembly Department to 3,000 machine-hours. And keep the job data the same
as it was in Requirement 2. What is the selling price for Job 408 If the total number of direct labor-hours in the Assembly Department
decreases from 80,000 direct labor-hours to 40,000 direct labor-hours?
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