For an answer to be graded as correct. you must use an Excel formula: 1. Begin each formula with an = sign. 2. Reference cells, Instead of entering values. Example: =B3+C3 tmental income statements for a gi s. The manufacturer is considering Departmental income Stateme (i) Your timed assignmer still counting down. Tc much time you have click on your original assignment tab. Check Answers Legend Graded cell: Leave blan needed. Scratchpad: Use as a no workspace Below are departmental income statements for a guitar manufacturer. The company classifies advertising, rent, and utilities as indirect expenses. The manufacturer is considering eliminating its Electric Guitar department because it shows a loss. 1. Prepare a departmental contribution to overhead report