11121314151617181920Instructions1. DO NOT edit anything else but the color coded cells in the following mannerPick an option from the dropdownInput your answers (link/compute to avoid errors)2. Use only one of the account titles listed in the dropdown.3. Make sure your work is formatted correctly as follows - cells with numerical values are right aligned, cells with text is left aligned4. Use consistent font, font size and font color5. Numerical values should be formatted as appropriate, for example, dates, percentages and dollars should all be formatted as such6. Your grade is not only for the accuracy of your accounting work, but also for using formulas, cell references and formatting correctly 1ABCDSanchez & Vukmin, LLP, is a full-service accounting firm located near Chicago, Illinois. Last year,Sanchez provided tax preparation services to 500 clients. Total fixed costs were $265,000 with totalvariable costs of $180,000. Based on this information, complete this chart.234 Total Costs5Fixed Costs6 Variable Costs7Total Costs8910 Fixed Cost11121314LONo. of clientsCost per clientVariable CostTotal cost per client400600800EF

Variable costs are the costs that vary with the change in the level of production. On the other…

Sanchez & Vukmin, LLP, is a full-service accounting firm located near Chicago, Illinois. Last year, Sanchez provided tax preparation services to 500 clients. Total fixed costs were $265,000 with total variable costs of $180,000. Based on this information, complete this chart. No. of clients Total Costs Fixed Costs Variable Costs Total Costs Cost per client Fixed Cost Variable Cost Total cost per client 400 600 800

Sanchez & Vukmin, LLP, is a full-service accounting firm located near Chicago, Illinois. Last year, Sanchez provided tax preparation services to 500 clients. Total fixed costs were $265,000 with total variable costs of $180,000. Based on this information, complete this chart. No. of clients Total Costs Fixed Costs Variable Costs Total Costs Cost per client Fixed Cost Variable Cost Total cost per client 400 600 800

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter20: Activity-based Costing (abc)

Section: Chapter Questions

Problem 5R

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