Please show cell formulas used to get the answer. Also, please answer all questions posted. Thanks!

Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell B13 enter the formula =B5 After entering formulas in all of the cells that contained question marks, verify that the dollar amounts match the example in the text, Check your worksheet by changing the estimated total amount of the allocation base in the Data area to 50,000 machine-hours, keeping all of the other doto the same as in the original example. If your worksheet is operating properly, the predetermined overhead rate should now be $6.00 per machine-hour. If you do not get this answer, find the errors in your worksheet and correct them Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse" Next, click "Save." You will use this worksheet to answer the questions in Part 2 A B D Machine-hours $300,000 75.000 machine-hours $290,000 68,000 machine-hours 1 Chapter 3: Applying Excel 2 3 Data 4 Allocation base 5 Estimated manufacturing overhead cost 6 Estimated total amount of the allocation base 7 Actual manufacturing overhead cost 8 Actual total amount of the allocation base 9 10 Enter a formula into each of the cells marked with a 2 below 11 12 Computation of the predetermined overhead rate 13 Estimated manufacturing overhead cost 14 Estimated total amount of the allocation base 15 Predetermined overhead rate 17 Computation of underapplied or overapplied manufacturing overhead 18 Actual manufacturing overhead cost 19 Manufacturing overhead cost applied to Work in Process during the year 20 Predetemined overhead rate Actual total amount of the allocation base Manufacturing overhead applied 23 Underapplied (overapplied) manufacturing overhead 24 25 ? 2 machine-hours ? per machine-hour 16 7 21 22 ? per machine-hour ? machine-hours 2 ? 2. Change all of the numbers in the data area of your worksheet so that it looks like this: B C 1 Chapter 3: Applying Excel 2 3 Data 3 4 Allocation base 5 6 00 au Estimated manufacturing overhead cost Estimated total amount of the allocation base Actual manufacturing overhead cost Actual total amount of the allocation base Machine-hours $ 958,800 102,000 machine-hours $ 954,200 104,000 machine-hours 7 8 If your formulas are correct, you should get the correct answers to the following questions. (a) What is the Predetermined overhead rate? (Round your answer to 2 decimal places.) Predetermined overhead rate per machine-hour (b) By how much is the manufacturing overhead underapplied or overapplied? manufacturing overhead 3. Either print or make a copy of your worksheet in your workbook before proceeding. You will need to refer back to this worksheet. Change the estimated total amount of the allocation base to 94,000 machine-hours, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this: A B 1 2 Chapter 3: Applying Excel 3 4 5 6 Data Allocation base Estimated manufacturing overhead cost Estimated total amount of the allocation base Actual manufacturing overhead cost Actual total amount of the allocation base Machine-hours $ 958,800 94,000 machine-hours $ 954,200 104,000 machine hours 7 8 (a) By how much is the manufacturing overhead underapplied or overopplied? manufacturing overhead (b) Why is the amount of underapplied (overapplied) manufacturing overhead different from Requirement 2 above? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answers and double click the box with the question mark to empty the box for a wrong answers. Any boxes left with a question mark will be automatically graded as incorrect.) The change in the estimated total amount of the allocation base affected the predetermined overhead rate, The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied. 2 Actual manufacturing overhead cost differs from period to period, The estimated manufacturing overhead cost did not change in proportion to the change in the estimated total amount of the allocation base 4. Change the estimated total amount of the allocation base back to 102,000 machine-hours, so that the data area of you looks exactly the same as in Requirement 2. Now change the actual manufacturing overhead cost from $954,200 to $958,500. The data area of your worksheet should now look like this: B 1 Chapter 3: Applying Excel 2 3 Data 4 Allocation base 5 Estimated manufacturing overhead cost 6 Estimated total amount of the allocation base 7 Actual manufacturing overhead cost 8 Actual total amount of the allocation base Machine-hours $ 958,800 102 000 machine hours 5 958.500 104,000 machine hours (a) By how much is the manufacturing overhead underapplied or overapplied? manufacturing overhead (b) Why is the amount of underapplied (overapplied) manufacturing overhead different from Requirement 2 above? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answers and double click the box with the question mark to empty the box for a wrong answers. Any boxes left with a question mark will be automatically graded as incorrect.) The predetermined overhead rate changed. The change in the actual manufacturing overhead cost directly resulted in a comparable change in the amount of underapplied (overapplied) manufacturing overhead The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied 2. Change all of the numbers in the data area of your worksheet so that it looks like this: B C 1 Chapter 3: Applying Excel N 2 2 Data 3 4 a A 5 Allocation base Estimated manufacturing overhead cost Estimated total amount of the allocation base Actual manufacturing overhead cost Actual total amount of the allocation base Machine-hours $ 765,400 89,000 machine-hours $ 773,700 92,000 machine-hours 7 8 If your formulas are correct, you should get the correct answers to the following questions. (a) What is the predetermined overhead rate? (Round your answer to 2 decimal places.) Prodetermined overhead rato per machine-hour (b) By how much is the manufacturing overhead underapplied or overapplied? manufacturing overhead 3. Either print or make a copy of your worksheet in your workbook before proceeding. You will need to refer back to this worksheet Change the estimated total amount of the allocation base to 86,000 machine-hours, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this. A B Chapter 3: Applying Excel 1 2 3 4 5 6 Data Allocation base Estimated manufacturing overhead cost Estimated total amount of the allocation base Actual manufacturing overhead cost Actual total amount of the allocation base Machine-hours $ 765,400 86,000 machine-hours $ 773.700 92,000 machine hours 7 8 (a) By how much is the manufacturing overhead underapplied or overapplied? manufacturing overhead (b) Why is the amount of underapplied (overapplied) manufacturing overhead different from Requirement 2 above? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answers and double click the box with the question mark to empty the box for a wrong answers. Any boxes left with a question mark will be automatically graded as incorrect.) The change in the estimated total amount of the allocation base affected the predetermined overhead rate. The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied. 2 Actual manufacturing overhead cost differs from period to period, The estimated manufacturing overhead cost did not change in proportion to the change in the estimated total amount of the allocation base 4. Change the estimated total amount of the allocation base back to 89,000 machine-hours, so that the data area of you worksheet looks exactly the same as in Requirement 2. Now change the actual manufacturing overhead cost from $773,700 to $765,300. The data area of your worksheet should now look like this: B 1 Chapter 3: Applying Excel 2 3 4 5 Data Allocation base Estimated manufacturing overhead cost Estimated total amount of the allocation base Actual manufacturing overhead cost Actual total amount of the allocation base 6 7 Machine-hours $ 765,400 89,000 machine-hours $ 765,300 92,000 machine-hours 8 (a) By how much is the manufacturing overhead underapplied or overapplied? manufacturing overhead (b) Why is the amount of underapplied (overapplied) manufacturing overhead different from Requirement 2 above? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answers and double click the box with the question mark to empty the box for a wrong answers. Any boxes left with a question mark will be automatically graded as incorrect.) The predetermined overhead rate changed The change in the actual manufacturing overhead cost directly resulted in a comparable change in the amount of underapplied (overapplied) manufacturing overhead. The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied