Function: SUM; Multiply; Divide; Cell Referencing BE2.7 - Using Excel to Calculate Total and Per-Unit Product Costs PROBLEM A company produces toy xylophones. Data related to its production is given here: Variable product cost per unit Total fixed product costs Xylophones produced last year Expected xylophones to be produced this year $4.50 80,000 40,000 50,000 Student Work Area Required: Provide input into cells shaded in yellow in this template. Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated. What is the total cost and per-unit cost of producing these xylophones last year? If the company incurs the same total fixed costs both years, but operates at this year's expected production level, what is the total cost and per-unit cost of producing these xylophones this year? Formula Add; Cell Referencing BE2.12 - Using Excel to Calculate Gross Margin and Revenue PROBLEM Bugsy provided the following operating information during the current year. Operating income Selling, general, and administrative costs Cost of goods sold $185,000 42,000 77,500 Student Work Area Required: Provide input into cells shaded in yellow in this template. Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated. What was Bugsy's gross margin this year? Gross margin What was its total revenue this year? Total revenue