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X ✓ fx A SUMMARY from Part 1 Direct material Direct labor Collection Facility Overhead Division Overhead Cost per Bin Total bins processed Production Mix e Overhead Allocation Base = Output O Collection Facility Total Overhead 1 2 3 Collection Facility Overhead Allocation 4 5 Division Overhead Total 6 7 8 Division Overhead YEAR 5 SUMMARY WW AB $ $ $ 2,430,000.00 $ 1,215,000.00 4,800,000.00 $ 200,000.00 4,181,299.20 $ 174,220.80 $ 3,936,000.00 $ 164,000.00 $ 15,347,299.20 $1,753,220.80 $ 127.89 $ WW 120,000 Year 5 $ 4,355,520.00 ww $ 4,100,000.00 WW C AB 30,000 AB 58.44 AB D YEAR 6 SUMMARY WW AB $ 1,215,000.00 $ 4,252,500.00 $ 3,669,907.50 $ 611,604.00 $ 4,263,047.05 $ 710,452.95 $3,266,217.68 $544,327.56 $ 12,414,172.22 $ 6,118,884.51 $ 137.94 $ WW 90,000 Year 6 $ 4,973,500.00 WW $ 3,810,545.00 WW AB 67.99 90,000 AB AB

X ✓ fx A SUMMARY from Part 1 Direct material Direct labor Collection Facility Overhead Division Overhead Cost per Bin Total bins processed Production Mix e Overhead Allocation Base = Output O Collection Facility Total Overhead 1 2 3 Collection Facility Overhead Allocation 4 5 Division Overhead Total 6 7 8 Division Overhead YEAR 5 SUMMARY WW AB $ $ $ 2,430,000.00 $ 1,215,000.00 4,800,000.00 $ 200,000.00 4,181,299.20 $ 174,220.80 $ 3,936,000.00 $ 164,000.00 $ 15,347,299.20 $1,753,220.80 $ 127.89 $ WW 120,000 Year 5 $ 4,355,520.00 ww $ 4,100,000.00 WW C AB 30,000 AB 58.44 AB D YEAR 6 SUMMARY WW AB $ 1,215,000.00 $ 4,252,500.00 $ 3,669,907.50 $ 611,604.00 $ 4,263,047.05 $ 710,452.95 $3,266,217.68 $544,327.56 $ 12,414,172.22 $ 6,118,884.51 $ 137.94 $ WW 90,000 Year 6 $ 4,973,500.00 WW $ 3,810,545.00 WW AB 67.99 90,000 AB AB

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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Using the excel spreadsheet provided, prepare the calculations.

File Paste 16 Home X Cut Copy Format Painter Clipboard V : Direct material Direct labor Insert Page Layout A SUMMARY from Part 1 Ready B Division Overhead 9 X Collection Facility Overhead TO Calibri 27 28 Division Overhead 29 25 Division Overhead Total 26 BI U ✓ 0 1 Cost per Bin 2 3 4 5 6 Total bins processed 7 8 19 Overhead Allocation Base = Output 20 Collection Facility Total Overhead 21 fx 22 23 Collection Facility Overhead Allocation 24 v Project 6 - Part 2 Accessibility: Good to go Type here to search Font Production Mix Formulas Data + 11 V $ V Α' Α B A✓ WW 17 YEAR 5 SUMMARY WW AB $ 2,430,000.00 $ 1,215,000.00 $ 4,800,000.00 $ 200,000.00 $ 4,181,299.20 $ 174,220.80 $ 3,936,000.00 $ 164,000.00 $ 15,347,299.20 $ 1,753,220.80 127.89 $ 120,000 WW $ 4,355,520.00 Review WW $ 4,100,000.00 Developer Help ab Wrap Text ===Merge & Center - = Year 5 C AB View AB 30,000 58.44 637 AB ○ 발 Alignment D $ E 7 WW YEAR 6 SUMMARY WW AB $ 1,215,000.00 $ 4,252,500.00 $ 3,669,907.50 $ 611,604.00 $ 4,263,047.05 $ 710,452.95 $ 3,266,217.68 $ 544,327.56 $ 12,414,172.22 $ 6,118,884.51 Power Pivot 137.94 $ $ 4,973,500.00 ww 90,000 B $ 3,810,545.00 WW General Year 6 $ - % 9 X Number F W AB AB Chabank 67.99 90,000 AB -0.00 .00 ➜.0 G Conditional Format as Cell Formatting Table Styles ✓ Styles N H J K Students Enter Formulas HERE in yellow cells + Insert Delete Format A Cells hulu L La McPh Σ AutoSur Fill Clear M V
Transcribed Image Text:File Paste 16 Home X Cut Copy Format Painter Clipboard V : Direct material Direct labor Insert Page Layout A SUMMARY from Part 1 Ready B Division Overhead 9 X Collection Facility Overhead TO Calibri 27 28 Division Overhead 29 25 Division Overhead Total 26 BI U ✓ 0 1 Cost per Bin 2 3 4 5 6 Total bins processed 7 8 19 Overhead Allocation Base = Output 20 Collection Facility Total Overhead 21 fx 22 23 Collection Facility Overhead Allocation 24 v Project 6 - Part 2 Accessibility: Good to go Type here to search Font Production Mix Formulas Data + 11 V $ V Α' Α B A✓ WW 17 YEAR 5 SUMMARY WW AB $ 2,430,000.00 $ 1,215,000.00 $ 4,800,000.00 $ 200,000.00 $ 4,181,299.20 $ 174,220.80 $ 3,936,000.00 $ 164,000.00 $ 15,347,299.20 $ 1,753,220.80 127.89 $ 120,000 WW $ 4,355,520.00 Review WW $ 4,100,000.00 Developer Help ab Wrap Text ===Merge & Center - = Year 5 C AB View AB 30,000 58.44 637 AB ○ 발 Alignment D $ E 7 WW YEAR 6 SUMMARY WW AB $ 1,215,000.00 $ 4,252,500.00 $ 3,669,907.50 $ 611,604.00 $ 4,263,047.05 $ 710,452.95 $ 3,266,217.68 $ 544,327.56 $ 12,414,172.22 $ 6,118,884.51 Power Pivot 137.94 $ $ 4,973,500.00 ww 90,000 B $ 3,810,545.00 WW General Year 6 $ - % 9 X Number F W AB AB Chabank 67.99 90,000 AB -0.00 .00 ➜.0 G Conditional Format as Cell Formatting Table Styles ✓ Styles N H J K Students Enter Formulas HERE in yellow cells + Insert Delete Format A Cells hulu L La McPh Σ AutoSur Fill Clear M V
File Paste 50 51 52 116 Home Insert Page Layout Ready Cut Copy Format Painter Clipboard E X A Calibri 37 Collection Facility Overhead 38 Division Overhead 39 40 41 Cost per Bin 42 43 44 45 46 47 48 49 BIU HD-1080 Project 6 - Part 2 Accessibility: Good to go Type here to search fx v + Formulas Data Review Font 24 25 Division Overhead Total 26 27 28 Division Overhead 29 30 31 Summary of Costs using Output as Overhead Allocation Base 32 33 34 35 Direct material 36 Direct labor Α Α΄ ✓ ✓ A✓ 11 v B 17 $ 4,100,000.00 WW == C ab Wrap Text ===Merge & Center AB View YEAR 5 SUMMARY WW AB 2,430,000.00 $ 1,215,000.00 $ $ 4,800,000.00 $ 200,000.00 $ 7,230,000.00 $ 1,415,000.00 Et Developer Help Alignment D E WW V $ 3,810,545.00 B Power Pivot 17 X General Conditional Format as $ % 900-90 Cell Formatting Table Styles ✓ Styles V Number YEAR 6 SUMMARY WW AB $ 1,215,000.00 $ 4,252,500:00 $ 3,669,907.50 $ 611,604.00 F $ 4,884,907.50 $ 4,864,104.00 W AB G P H N 1 B V J Insert Delete Format K Cells hulu --- L H Shinetta McPherson Σ AutoSum Fill Clear M GREEN CELLS: Students use a formula to reference your calculations so that this area automatically brings in the NEW totals from your calculations V V SF S Fi Editin N E 83°F
Transcribed Image Text:File Paste 50 51 52 116 Home Insert Page Layout Ready Cut Copy Format Painter Clipboard E X A Calibri 37 Collection Facility Overhead 38 Division Overhead 39 40 41 Cost per Bin 42 43 44 45 46 47 48 49 BIU HD-1080 Project 6 - Part 2 Accessibility: Good to go Type here to search fx v + Formulas Data Review Font 24 25 Division Overhead Total 26 27 28 Division Overhead 29 30 31 Summary of Costs using Output as Overhead Allocation Base 32 33 34 35 Direct material 36 Direct labor Α Α΄ ✓ ✓ A✓ 11 v B 17 $ 4,100,000.00 WW == C ab Wrap Text ===Merge & Center AB View YEAR 5 SUMMARY WW AB 2,430,000.00 $ 1,215,000.00 $ $ 4,800,000.00 $ 200,000.00 $ 7,230,000.00 $ 1,415,000.00 Et Developer Help Alignment D E WW V $ 3,810,545.00 B Power Pivot 17 X General Conditional Format as $ % 900-90 Cell Formatting Table Styles ✓ Styles V Number YEAR 6 SUMMARY WW AB $ 1,215,000.00 $ 4,252,500:00 $ 3,669,907.50 $ 611,604.00 F $ 4,884,907.50 $ 4,864,104.00 W AB G P H N 1 B V J Insert Delete Format K Cells hulu --- L H Shinetta McPherson Σ AutoSum Fill Clear M GREEN CELLS: Students use a formula to reference your calculations so that this area automatically brings in the NEW totals from your calculations V V SF S Fi Editin N E 83°F
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