Chapter 2: Applying Excel: Exercise

1. Change the total fixed manufacturing overhead cost for the Milling Department in Data area back to $390,000, keeping all of the other data the same as in the original example. Consider a new job, Job 408, with the following characteristics:

	A	B	C
1	Chapter 2: Applying Excel
2
3	Cost Summary for Job 408	Department
4		Milling	Assembly
5	Machine hours	60	2
6	Direct labor-hours	7	40
7	Direct materials cost	$670	$350
8	Direct labor cosy	$119	$800

in your worksheet, enter this new data in the cells for Job 407.

What is the new selling price for Job 408? (Round your final answer to 2 decimal places.)

Selling Price for Job 408:

2. Without changing the data for the job from requirement 2 above, what is the selling price for Job 408 if the total number of machine-hours in the Assembly Department increases from 3,000 machine-hours to 5,000 machine-hours? (Round your final answer to 2 decimal places.)

Selling Price for Job 408:

3. Restore the total number of machine-hours in the Assembly Department to 3,000 machine-hours. And keep the job data the same as it was in Requirement 2. What is the selling price for Job 408 if the total number of direct labor-hours in the Assembly Department decreases from 80,000 direct labor-hours to 50,000 direct labor-hours? (Round your final answer to 2 decimal places.)

Selling Price for Job 408: