Tools Help New tab Ch 1 Excel Overhead Analysis and Prepering Schedules of Cost of Goods using Excel's SUM and Basic Moth Functions Stanford Enterprises has provided its manufactutng estmated and actual data for the year end. The Controller has asked you to compute the predetermined overhead rate, the schedule of cost of goods manufactured, and the schedule of cost of goods sold. Use the Information included in the Excel Simulation and the Excel functions described below to complete the task points e: Allows you to refer to data from another cell in the worksheet From the Excel Simulation below, if in a blank cell, -E5 was entered, the formula would output the result from cell E5, or $275,000 in this example Basic Moth (plus sign to aad), -(minus sign to subtract), (asterisk sign to multiply), and (forward slash to divide). From the Excel Simulation below, If in a blank cell -E6+E7 was entered, the formula would add the values from those cells and output the result, or 52,760 in this example. If using the other math symbols the result would output an approprnate answer for its function s: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys . SUM function: Allows you to refer to multiple cells and adds all the values. You can add Individual cell references or ranges to utlize this function. From the Excel Simulation below, if In a blank cell "-SUM(E10 E11.E12)" was entered, the formula would output the resuit of adding those three separate cells, or 1.214.050 in this example. Similarly, If in a blank cell SUME10 E12)" was entered, the formula would output the same resulit of adding those cells, except they are expressed as a range in the formula, and the result would be 1,214.050 in ths example Prev 1 of 1 Next 7:00 PM ype here to search