accounting

Function: SUM; Multiply; Divide; Cell Referencing BE2.7 - Using Excel to Calculate Total and Per-Unit Product Costs PROBLEM A company produces toy xylophones. Data related to its production is given here: Variable product cost per unit Total fixed product costs Xylophones produced last year Expected xylophones to be produced this year 4.50 80,000 40,000 50,000 Student Work Area Required: Provide input into cells shaded in yellow in this template. Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated. What is the total cost and per-unit cost of producing these xylophones last year? If the company incurs the same total fixed costs both years, but operates at this year's expected production level, what is the total cost and per-unit cost of producing these xylophones this year? Last Year Total variable costs Total fixed costs Total cost Per-unit cost This Year