found in Chapter 11.Using this Excel sheet, enter the data from the problem statements and formulas to answer the following questions regarding Timbuk2. Refer to the notations near the cells for help in placing the correct values in the correct cells.Your work will be automatically graded when you submit.You need to enter information from the problem in YELLOW cellsYou need to enter formulas to calculate answers in BLUE cells GREEN cells are calculated for you. No need to update.\table[[4,,,,],[5,Source U.S.,Source China,China Custom,Formula],[6,-,,r,],[7,,,,],[Direct Labor Cost per unit ($),$,;,$,Wage * Labor /60 min per hr],[Materials,r,r,r,],[Other Mfg Expenses,7,r,7,],[Ship to San Francisco,,r,r,],[Shipping to Customers,r,r,r,],[Materlats and Shipping per unit ($),$,$,$,Sum of Mtls and Shipping]]Consider using the "Check your work" button to confirm your answers. You get one free usage.This is a recreation of Table 11.11 from the textbook.\table[[Table 11.11,Production and Shipment Costs per Bag by Production Location],[,San Francisco,China,Comments],[Hourty Wage,USD 12.50,USD 1.25,Includes benefits],[Labor Content,49 minutes,63 minutes,],[Materials,USD 13.00,USD 13.00,],[Other manufacturing expenses,USD 1.50,USD 0.75,Includes items such as insurance, equipment maintenance, and warranty expenses.],[Shipment to San Francisco,USD 0.00,USD 1.00,By ocean carrier. Air freight is USD 15.00 per],[Shipment from San Francisco to customers,USD 3.00,USD 3.00,]]Note: you need to transfer information from this table as numeric values into the table to the left.11 Case Timbuk2(Input)Jorkbook Statistics