Answer Happy

Data Markup on job cost Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Cost summary for Job 407 Machine-hours Direct labor-hours Direct materials Direct labor cost 75% Department Milling 60,000 8,000 $390,000 $2.00 Milling Assembly Department 90 5 $800 $70 3,000 80,000 $500,000 $3.75 Assembly 20 $370 $280
2. Change the total fixed manufacturing overhead cost for the Milling Department in Data area back to $390,000, keeping all of the other data the same as in the original example. Consider a new job, Job 408, with the following characteristics: A 1 Chapter 2: Applying Excel 2 3 Cost summary for Job 408 4 5 Machine-hours 6 Direct labor-hours 7 Direct materials cost 8 Direct labor cost 69 69 B Department Milling с Assembly 50 8 530 $ 136 $ 2 40 450 720
In your worksheet, enter this new data in the cells for Job 407. What is the new selling price for Job 408? (Round your final answer to 2 decimal places.) Selling price for Job 408 3. Without changing the data for the job from requirement 2 above, what is the selling price for Job 408 if the total number of machine-hours in the Assembly Department increases from 3,000 machine-hours to 4,000 machine-hours? (Round your final answer to 2 decimal places.) Selling price for Job 408 4. Restore the total number of machine-hours in the Assembly Department to 3,000 machine-hours. And keep the job data the same as it was in Requirement 2. What is the selling price for Job 408 if the total number of direct labor-hours in the Assembly Department decreases from 80,000 direct labor- hours to 50,000 direct labor-hours? (Round your final answer to 2 decimal places.) _ Selling price for Job 408