Question: Download the spreadsheet for problem 1 6 . 9 from the website for this textbook. Write formulas to calculate the total depreciation expense and to
Download the spreadsheet for problem from the website for this textbook. Write formulas to calculate the total depreciation expense and to display the correct values in the following three columns: Age, Depreciation Rate, and Depreciation Expense. HINT: You will need to use the VLOOKUP and MATCH, or XLOOKUP functions to do this. You may also want to read the article DoubleTeaming in Excel, by Judith K Welch, Lois S Mahoney, and Daniel R Brickner, in the November issue of the Journal of Accountancy, from which this problem was adapted.
Answer all the following multiplechoice questions.
In terms of quality control measures, scrap and rework costs are part of
prevention costs
inspection costs
internal failure costs
external failure costs
Which part of the throughput formula provides information about the impact of equipment downtime on overall productivity?
productive capacity
productive processing time
yield
None of the above
Which of the following is most likely the cost driver for accounts payable expenses associated with processing supplier invoices?
number of different parts purchased
total price of purchases
number of suppliers used
number of purchases made
All of the metrics listed above
Move tickets are a control procedure designed to reduce the risk of
loss or destruction of production data
theft of inventory
disruption of operations
inappropriate allocation of overhead costs
At which stage of the production process can accountants contribute to significantly reducing the cost of goods sold?
product design
planning and scheduling
production operations
None of the above
MRPII would most likely be used by a company that produces
different grades of milk eg whole, and skim
toner cartridges for laser printers
toys based on a new movie
All of the above
None of the above
In terms of quality control measures, the costs associated with issuing credit memos to customers who return defective products is part of
prevention costs
inspection costs
internal failure costs
external failure costs
None of the above
Which control procedure would be most effective in reducing the risk of over or underproduction?
reviewing all changes to master data
activitybased costing
production planning systems
computerintegrated manufacturing
reports that highlight the components of throughput
Please answer this and please give formala's for the current age and depreciation expense. Thank you.
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