Chapter 1: Applying Excel The Chapter 1 Form worksheet is to be used to create your own worksheet version of Exhibit 1-7 in the text. References Section Break Chapter 1: Applying Excel Award: 2.50 points Chapter 1: Applying Excel: Exercise (Part 2 of 2) 1. Now change all of the dollar amounts in the data area of your worksheet so that it looks like this: 1 Chapter 1: Applying Excel 2 3 Data 4 Sales 5 Variable costs: 6 Cost of goods sold $ 89,000 S 44,500 $ 4,500 $ 4,300 7 Variable selling 8 Variable administrative 9 Fixed costs: 10 Fixed selling 11 Fixed administrative $ 2,500 $ 1,500 If your formulas are correct, you should get the correct answers to the following questions