Question: Please help me fill in the yellow, using Excel formulas! 1 Standards for one of Patterson, Inc.'s products is shown below, along with actual cost



Please help me fill in the yellow, using Excel formulas!
1 Standards for one of Patterson, Inc.'s products is shown below, along with actual cost data for the month: 3 Direct materials: 4 Standard 5 Actual 6 Direct labor: 7 Standard 8 Actual 9 Variable overhead: 10 Standard 11 Actual 12 13 Total cost per unit 14 15 Excess of actual cost over standard cost per unit $2.75 per yard $2.70 per yard $6.60 2.4 yards @ 3 yards @ $8.10 10.80 0.6 hours @ 0.5 hours @ $18.00 per hour $22.00 per hour 11.00 0.6 hours @ 0.5 hours @ $7.00 per hour $7.10 per hour 4.20 3.55 $1.05 13,500 units 17 Actual production for the month 18 Variable overhead is assigned to products based on direct labor hours. There 19 was no beginning or ending inventory of materials for the month 21 Using formulas, compute the following. Input all numbers as positive amounts Indicate whether the variances are F or U. Write if statements for variance cells F30 to F47. Use cell references (formulas) for cells D53 - D60. Enter an F or U to indicate the correct variance in cells F54 to F62 23
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