Integrated Excel Problem 18-3 (Static) Based on Word problem 18-23 Better Finance (previously BillFloat), based in San Francisco, California, provides leasing and credit solutions to consumers and small businesses. If Better Finance wants to distribute $45,000 worth of overhead by sales, calculate the overhead expense for each department: New customer sales (NCS) Current customer new sales (CCNS) Current customer loan extension sales (CCLES) Overhead by sales Required: Using the information above compute the following: 1. Total sales 2. Ratio of each department's sales. 3. Overhead distributed to each department. $ 5,120,000 $ 4,480,000 $ 3,200,000 $ 45,000 Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect.
Integrated Excel Problem 18-3 (Static) Based on Word problem 18-23 Better Finance (previously BillFloat), based in San Francisco, California, provides leasing and credit solutions to consumers and small businesses. If Better Finance wants to distribute $45,000 worth of overhead by sales, calculate the overhead expense for each department: New customer sales (NCS) Current customer new sales (CCNS) Current customer loan extension sales (CCLES) Overhead by sales Required: Using the information above compute the following: 1. Total sales 2. Ratio of each department's sales. 3. Overhead distributed to each department. $ 5,120,000 $ 4,480,000 $ 3,200,000 $ 45,000 Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Integrated Excel Problem 18-3 (Static) Based on Word problem 18-23
Better Finance (previously BillFloat), based in San Francisco, California, provides leasing and credit solutions to consumers and small
businesses. If Better Finance wants to distribute $45,000 worth of overhead by sales, calculate the overhead expense for each
department:
New customer sales (NCS)
Current customer new sales (CCNS)
Current customer loan extension sales (CCLES)
Overhead by sales
Required:
Using the information above compute the following:
1. Total sales
2. Ratio of each department's sales.
3. Overhead distributed to each department.
$ 5,120,000
$ 4,480,000
$ 3,200,000
$ 45,000
Navigation:
1. Use the Open Excel in New Tab button to launch this question.
2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect.
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