QUESTION 3 PRACTICALS MICROSOFT EXCEL / SPREEDSHEET3.1 a) Open a workbook on Excel and Create the type of the spreadsheet save it as '2024 Budget Statistics."JanFeb March April May June July Aug SepOctNovDecSales20000Cost of salesGross IncomeProfit/LossExpenditureSalary8000Rent15001500150015001500 1500 1500150015001500 15001500Water & ElectricityFibre InternetTotal Expenses3.1.1 Merge and center "Expenditure"Using formulas calculate the following.a. Sales increase monthly by 15%b. Cost of Sale is 5.5% of Sales.C. Calculate Gross income.d. Salary will increase on the 10th Month by 6%e. Water and Electricity 5% of the salary will decrease by 2.5% in June.f.Fiber Internet 5% of the salary will increase in July by 4% and will decrease by September by 2%.g. Calculate the Total Expensesh. Calculate the profit/the loss.3.1.2 Create Chart based on the sales from January to Dec namely '2024 SALES'.3.1.3 Insert the header using your Name, Surname, ITS number.THE END!!!!

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Answered: QUESTION 3 PRACTICALS MICROSOFT EXCEL /…

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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00 R # 3 p21 MyLab and Mastering - AC X O Pearson MyLab and Master X Assignments O Pearson ACT - O OneLogin i act.pearsoncmg.com/activity/1/4/1 YouTube Maps BC - Tuition Paym... Apps M Gmail A Accounting Cycle Tutorial Step 1: Account Balances O0000 4 Balancing the Expanded Accounting Equation Activity 4.a - Balance the Expanded Accounting Equation Enter the missing value to balance the equation. Assets = Liabilities + Owner, Capital - Owner, Withdrawals + Revenues - Expenses %3D 29,000 + 47,000 34,000 + 37,000 – 18,000 000 + 22,000 10,000 + 19,000 – 30,000 = 000ʻ 16,000 = 35,000 19,000 + 28,000 – 42,000 CHECK ANSWER SKIP TO NEXT E RESET Privacy Policy Convright © 2022 Pearson Education horngren_fin13..pptx horngren_fin13..pptx MacBook Pro esc We %24 4. & % 2 ger
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: CengageNOWv2 | Online teachin x C Accounting question | Chegg.com x + A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false M Gmail O YouTube Maps Blackboard HW #10 - Chpt 22 1 eBook еВook E Print Item Professional Fees Earned Budget for a Service Company Rollins and Cohen, CPAS, offer three types of services to clients: auditing, tax, and small business accounting. Based on experience and projected growth, the following billable hours have been estimated for the month ending January 31, 20Y7: Billable Hours Audit Department: Staff 27,900 Partners 4,200 Tax Department: Staff 20,400 Partners 2,600 Small Business Accounting Department: > Staff 3,300 Partners 500 The average billing rate for staff is $115 per hour, and the average billing rate for partners is $235 per hour. Prepare a professional fees earned budget for Rollins and Cohen, CPAS, for the month ending January 31, 20Y7. ROLLINS AND COHEN, CPAS Professional Fees…
5 5 AutoSave On File 2. K9 O Undo A Home Insert Draw Page Layout Formulas Data 0 X Paste Clipboard 5 B Total credit sales Accounts Receivable.xlsx Saved v . Calibri B IU • XV. fx C 17 Accounts Receivable 18 Allowance for doudtful debts 19 D ✓11 Ready Accessibility: Investigate Font V • Α Α΄ V E V 8- A $ % 98 F == Review View Help G 8 9 Accounts Receivable written off 0 Credit issued to customers for sales returns 1 Recovery of Accounts Receivable, written off 12 as uncollectible in the prior year (not included in the cash collected above) 13 14 15 The following were taken from the Balance Sheet dated Dec 31, 20X4 16 Alignment Search (Alt+C H Sheet1 ex. for income stmt. approach Practice Question Sheet4 22 1 V 620,000 5450 14500 3400 General 96400 9700 J V Number 20 Jeremy Company estimated that bad debts (uncollectible) to be equal to 0.5% of credit sales, net of sales returns 21 22 Calculate the Accounts Receivable and Allowance for doubtful debts accounts balances as at Dec 31, 20X5…
C Home Insert Draw Page Layout 4 Cut [Copy ✓ AutoSave 12345 Paste A Format B Calibri (Body) B I U v Ready Initial cost Square feet occupied IT labor hours used C V V Formulas Data Review View X Update Available We've made some fixes and improvements. To complete the process, the app needs to restart. A1 : fx Function: SUM; Formulas: Add; Multiply; Divide; Cell Referencing Enter Answer + 12 D 1 Function: SUM; Formulas: Add; Multiply; Divide; Cell Referencing Accessibility: Investigate Support Departments Maintenance V V A^ A 2,000 1,000 E14.2a - Using Excel to Allocate Support Department Costs Using the Direct Method PROBLEM 5 The Screamin' Eagles Company makes wheels and wings for ground transport vehicles and drones. In 6 addition to the key manufacturing departments, Screamin' Eagles needs two key support services, provided 7 by its Maintenance and IT departments. The Maintenance costs are allocated to other departments based on 8 the square footage of space each department occupies.…
2 Project: Company Accour X DEL 7-1 Problem Set: Module Sev X CengageNOWv2 | Online tea X * Cengage Learning + x ow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker3&takeAssignmentSessionLocator3&inprogress=false |电 eBook MShow Me How Vertical Analysis Income statement information for Einsworth Corporation follows: 000' 101,400 Sales Cost of goods sold Gross profit 009 9 Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number. Einsworth Corporation Vertical Analysis of the Income Statement, Amount Percentage Sales $338,000 Cost of goods sold 101,400 0.3 Gross profit Feedback Check My Work Divide each element by sales to determine the vertical analysis percentage. Check My Work ( Previous 3:10 PM 4/11/2022 AD dy
Bookmarks Window Help docs.google.com nkuspace.h. Tn https://soul2.hkuspace.h... h https://soul2.hkuspace.h. G Google Docs: Free Onlin.. E Untitled ls Add-ons Help Last edit was seconds ago 3回回,三州咖山 1三 Arial 11 BIUA + ニ三▼三▼三 4 5 1 6 The company sells T-shirts with identical unit costs and selling prices. Shown below are the revenue and cost information: Unit Variable Data (per unit) Selling price Variable Cost Monthly Fixed Costs $140,000 $200,000 $40,000 Other fixed costs $20,000 $ 80.00 $30.00 Rent Salaries Advertising The com has no beginning or ending inventories. The company produced and sold 10,000 units last month. Required: a) Prepare the contribution format income statement for last month. b) Compute the breakeven sales in dollars. Compute the margin of safety percentage last month. c) Compute the degree of operating leverage. d) How many units should the company sell to achieve a target net operating income of $49.500? e) If the company plans to offer sales commission to…
M Question 6- QUIZ- CH 18-C X Project 6 x .mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.tulsacc.edu%252Fw... 18 es Saved Help Save Exercises 18-41 (Algo) Allocation of Central Costs; Profit Centers [LO 18-3] Woodland Hotels Incorporated operates four resorts in the heavily wooded areas of northern California. The resorts are named after the predominant trees at the resort: Pine Valley, Oak Glen, Mimosa, and Birch Glen. Woodland allocates its central office costs to each of the four resorts according to the annual revenue the resort generates. For the current year, the central office costs (000s omitted) were as follows: Front office personnel (desk, clerks, etc.) Administrative and executive salaries Interest on resort purchase Advertising Housekeeping Depreciation on reservations computer Room maintenance Carpet-cleaning contract Contract to repaint rooms $ 12,100 5,700 4,700 600 3,700 80 1,210 50 570 $ 28,710 Revenue (000s) Square…
A1 Clipboard A B Font Alignment Xfx Formula: Divide, Subtract; Cell Referencing C 1 Formula: Divide, Subtract; Cell Referencing 2 D E F G H 3 Chapter 11 AP11.2 a. part 2. Using Excel to Perform Analytical Procedures on Revenue 000 Number Styles Cells Student Work Area Editing Ser L N 0 P Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem and work areas as indicated. 4 5 PROBLEM 6 The following data was taken from the production and accounting records 7 for Casuccio Manufacturing, Inc. 8 Calculate the following ratios for 2026, 2025, and 2024 O 9 10 Unaudited Audited 2026 2025 Audited 2024 2026 2025 2024 11 Operating Data 12 Capacity in units 13 Production in units 14 Ending inventory in units 450,000 450,000 450,000 400,000 32,000 28,000 450,000 300,000 21,000 Uncollectible accounts expense to net credit sales 15 Uncollectible accounts expense to accounts receivable written off 16 Financial Data ($000) 17…
Home Insert Draw Page Layout Aa Colors Themes Aa Fonts 2 AutoSave OFF 2 C E30 4A) 5 B) 6C) 7 218) 22 23 24 28 29 25 C) 26 27 30 Dy 31 36 37 38 39 32 33 34 E) * x 8D) 9 10 E) 11 12 13 14 15 Answer all questions using Excel functions, no mathematical solutions. 16 A) 17 Month 18 19 20 A Margins Orientation Size Formulas Data Review H Print Breaks Background Print Page Area Titles Setup Years V fx 8 D E F G H Assume a hypothetical age. Assume you drink one coffee per day, 5 days a week. Assume the coffee price is $4.00. 1. That makes it $20 per week and $80 per month. Assume you can invest $80 per month in the stock market and assume you can cam 11% per year compouded monthly on your stock investment. i ii. Homework.xls - Compatibility Mode - Saved to my Mac View Automate Tell me FEA TA I J Width: Height: What is your holding period retum both in dollars and in percentage? What is your Effective Annual Retum in percentage? Automatic K Automatic L M v All answers must be done using PV, FV,…
ial Acco X M Question 3 - Comprehensive P + mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%252Fmheproduc ive Problem 5 i Saved Jasper Company, a machine tooling firm, has several plants. One plant, located in Saint Cloud, Minnesota, uses a job order costing system for its batch production processes. The Saint Cloud plant has two departments through which most jobs pass: Plantwide overhead, which includes the plant manager's salary, accounting personnel, cafeteria, and human resources, is budgeted at $250,000. During the past year, actual plantwide overhead was $242,000. Each department's overhead consists primarily of depreciation and other machine-related expenses. Selected budgeted and actual data from the Saint Cloud plant for the past year are as follows: Budgeted department overhead (excludes plantwide overhead) Actual department overhead Expected total activity: Direct labor hours Machine-hours…
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