Question: Function: SUM; Multiply; Divide; Cell Referencing BE2.7 - Using Excel to Calculate Total and Per-Unit Product Costs A company produces toy xylophones. Data related to

Function: SUM; Multiply; Divide; Cell Referencing
Function: SUM; Multiply; Divide; Cell Referencing BE2.7 - Using Excel to Calculate Total and Per-Unit Product Costs A company produces toy xylophones. Data related to its production is Variable product cost per unit Total fixed product costs Xylophones produced last year Expected xylophones to be produced this year 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? Last Year This Year Total variable costs Total fixed costs Total cost Per-unit cost

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