Chapter 2: Applying Excel: Exercise (Part 2 of 2)

2. 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:

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.)**

	A	B	C
1	Chapter 2
2
3	Cost Summary for job 408	DEPARTMENT	DEPARTMENT
4		Milling	Assembly
5	Machine Hours	60	4
6	Direct labor hours	8	20
7	direct materials cost	$610	$430
8	Direct labor cost	$144	$320

**3. 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 4,000 machine-hours? (Round your final answer to 2 decimal places.)**

**4. 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 40,000 direct labor-hours? (Round your final answer to 2 decimal places.)**