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H11 A X✓ fx B 1 Formulas: Divide; Subtract; Cell Referencing 2 D E F G 3 BE4.4 - Using Excel to Determine Volume, Variable Cost, and 4 Contribution Margin 5 PROBLEM 6 Molly's Marbles incurred variable and fixed costs in generating 7 sales for the month of September. Marbles are sold in small 8 bags with each bag consider to be one unit. Information 9 concerning operations for the month of September follows. Total sales 10 11 12 Total contribution margin 13 Selling price per unit 14 15 16 17 18 19 20 21 22 23 $ 50,000 30,000 5.00 Student Work Area H J 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. How many units did Molly sell that month? Number of units sold What was her variable cost per unit? Variable cost per unit What is the contribution margin per unit? Contribution margin per unit

H11 A X✓ fx B 1 Formulas: Divide; Subtract; Cell Referencing 2 D E F G 3 BE4.4 - Using Excel to Determine Volume, Variable Cost, and 4 Contribution Margin 5 PROBLEM 6 Molly's Marbles incurred variable and fixed costs in generating 7 sales for the month of September. Marbles are sold in small 8 bags with each bag consider to be one unit. Information 9 concerning operations for the month of September follows. Total sales 10 11 12 Total contribution margin 13 Selling price per unit 14 15 16 17 18 19 20 21 22 23 $ 50,000 30,000 5.00 Student Work Area H J 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. How many units did Molly sell that month? Number of units sold What was her variable cost per unit? Variable cost per unit What is the contribution margin per unit? Contribution margin per unit

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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H11 A X✓ fx B 1 Formulas: Divide; Subtract; Cell Referencing 2 D E F G 3 BE4.4 - Using Excel to Determine Volume, Variable Cost, and 4 Contribution Margin 5 PROBLEM 6 Molly's Marbles incurred variable and fixed costs in generating 7 sales for the month of September. Marbles are sold in small 8 bags with each bag consider to be one unit. Information 9 concerning operations for the month of September follows. Total sales 10 11 12 Total contribution margin 13 Selling price per unit 14 15 16 17 18 19 20 21 22 23 $ 50,000 30,000 5.00 Student Work Area H J 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. How many units did Molly sell that month? Number of units sold What was her variable cost per unit? Variable cost per unit What is the contribution margin per unit? Contribution margin per unit
Transcribed Image Text:H11 A X✓ fx B 1 Formulas: Divide; Subtract; Cell Referencing 2 D E F G 3 BE4.4 - Using Excel to Determine Volume, Variable Cost, and 4 Contribution Margin 5 PROBLEM 6 Molly's Marbles incurred variable and fixed costs in generating 7 sales for the month of September. Marbles are sold in small 8 bags with each bag consider to be one unit. Information 9 concerning operations for the month of September follows. Total sales 10 11 12 Total contribution margin 13 Selling price per unit 14 15 16 17 18 19 20 21 22 23 $ 50,000 30,000 5.00 Student Work Area H J 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. How many units did Molly sell that month? Number of units sold What was her variable cost per unit? Variable cost per unit What is the contribution margin per unit? Contribution margin per unit
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