2. Construct an Excel spreadsheet to solve the preceding requirement. Show how the solution will change if the following information changes: actual output was 9,100 cases, and actual variable overhead was $395,000.
2. Construct an Excel spreadsheet to solve the preceding requirement. Show how the solution will change if the following information changes: actual output was 9,100 cases, and actual variable overhead was $395,000.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Required information
[The following information applies to the questions displayed below]
The following data are the actual results for Marvelous Marshmallow Company for October.
Actual output
Actual variable overhead
Actual fixed overhead
Actual machine time
40,500 machine hours
Standard cost and budget information for Marvelots Marshmallow Company follows:
Standard variable-overhead rate
$9.00 per nachine hour
Standard quantity of machine hours
Budgeted fixed overhead
Budgeted output
9,000 cases
$ 485,000
$ 122,000
4 hours per case of marshmallows
$ 120,000 per month
10,000 cases per month
2. Construct an Excel spreadsheet to solve the preceding requirement. Show how the solution will change if the following information changes: actual output
was 9,100 cases, and actual variable overhead was $395,000.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3cace110-4b8b-49c7-9c64-3723e4555aed%2F3c600182-a211-49fe-8477-490dd9291535%2Fr111cei_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below]
The following data are the actual results for Marvelous Marshmallow Company for October.
Actual output
Actual variable overhead
Actual fixed overhead
Actual machine time
40,500 machine hours
Standard cost and budget information for Marvelots Marshmallow Company follows:
Standard variable-overhead rate
$9.00 per nachine hour
Standard quantity of machine hours
Budgeted fixed overhead
Budgeted output
9,000 cases
$ 485,000
$ 122,000
4 hours per case of marshmallows
$ 120,000 per month
10,000 cases per month
2. Construct an Excel spreadsheet to solve the preceding requirement. Show how the solution will change if the following information changes: actual output
was 9,100 cases, and actual variable overhead was $395,000.
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