Question: Show excel formulas, please!!!! Chapter 10: Applying Excel: Excel Worksheet (Part 1 of 2) Download the Applying Excel form and enter formulas in all cells


Show excel formulas, please!!!!
Chapter 10: Applying Excel: Excel Worksheet (Part 1 of 2) Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell D21 enter the formula = D14. Notes: In the text, variances are always displayed as positive numbers. To accomplish this, you can use the ABS() function in Excel. For example, the formula in cell B25 would be =ABS(F21-F22)". Cells C25 through C27, C34 through C36, and C43 through C45 already contain formulas to compute and display whether variances are Favorable or Unfavorable. Do not enter data or formulas into those cellsif you do, you will overwrite these formulas. After entering formulas in all of the cells that contained question marks, verify that the amounts match the numbers in the example in the text. Check your worksheet by changing the direct materials standard quantity in cell B6 to 2.9 pounds, the direct labor standard quantity in cell B7 to 0.6 hours, and the variable manufacturing overhead in cell B8 to 0.6 hours. The materials spending variance should now be $1,500 U, the labor spending variance should now be $3,720 F, and the variable overhead spending variance should now be $60 F. If you do not get these answers, find the errors in your worksheet and correct them. A B D E F G H Standard Price $4.00 per pound $22.00 per hour $6.00 per hour Actual price $3.80 per pound $21.60 per hour ? 1 Chapter 10: Applying Excel 2 3 Data 4 Exhibit 10-1: Standard Cost Card 5 Inputs Standard Quantity 6 Direct materials 3.0 pounds 7 Direct labor 0.50 hours 8 Variable manufacturing overhead 0.50 hours 9 10 Actual results: 11 Actual output 2,000 units 12 Actual variable manufacturing overhead cost $7,140 13 Actual Quantity 14 Actual direct materials cost 6,500 pounds 15 Actual direct labor cost 1,050 hours 16 17 Enter a formula into each of the cells marked with a ? below 18 Main Example: Chapter 10 19 20 Exhibit 10-4: Standard Cost Variance Analysis-Direct Materials 21 Actual Quantity of Input, at Actual Price ? pounds 22 Actual Quantity of Input, at Standard Price ? pounds x 23 Standard Quantity Allowed for the Actual Output, at Standard Price ? pounds x 24 Direct materials variances: 25 Materials price variance ? 26 Materials quantity variance ? 27 Materials spending variance ? 28 29 Exhibit 10-6: Standard Cost Variance Analysis-Direct Labor 30 Actual Hours of Input, at Actual Rate ? hours x 31 Actual Hours of Input, at Standard Rate ? hours x 32 Standard Hours Allowed for the Actual Output, at Standard Rate ? hours x 33 Direct labor variances: 34 Labor rate variance ? 35 Labor efficiency variance ? 36 Labor spending variance ? 37 38 Exhibit 10-8: Standard Cost Variance Analysis-Variable Manufacturing Overhead 39 Actual Hours of Input, at Actual Rate ? hours x 40 Actual Hours of Input, at Standard Rate ? hours 41 Standard Hours Allowed for the Actual Output, at Standard Rate ? hours 42 Variable overhead variances: 43 Variable overhead rate variance ? 44 Variable overhead efficiency variance ? 45 Variable overhead spending variance ? ? per pound = ? per pound = ? per pound = ? ? ? per hour = ? per hour = ? per hour = ? ? ? ? per hour = ? per hour = ? per hour =
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