Jay Corporation has provided data from a two-year period to aid in planning. The Controller has asked
Question:
¢ Cell Reference
Allows you to refer to data from another cell in me worksheet, From the Excel Simulation below, If in a blank cell, =B4 was entered. the formula would output the result from cell B4, or 17000 in this example.
¢ Basic Math functions:
Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys ¢ (plus sign to add). (Minus sign to subtract) (Asterisk sign to multiply) and (forward slash to divide). From Inc Excel Simulation below, it in a blank cell Bl9+B20 was entered. The formula would add the values from. Those cells and output the result, or 183,800 In this example. If using the other math symbols the result would output an appropriate answer for is function.
¢ SUM function:
Allows you to refer to multiple cells and adds al the val.aes. You can add individual cell references or ranges to utilize this function. From the Excel Simulation below. If in a blank cell = SUM (CI8, C19, C20) was entered, the formula would output the result of adding those three separate cells, or 47,300 In INs example. Similarly, If In a blank cell =SUU(C18:C20) was entered, the formula would output the same result of adding those cells, except they are expressed as a range in the formula, and the result would be 47,300 in this example.
1. Using the high-low method determine a cost formula for shipping expenses.
2. Prepare a contribution format income statement for Quarter 1 of year 3.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Question Posted: