
Excel Applications for Accounting Principles 4th Edition by Gaylord Smith
Edition 4ISBN: 978-1111581565
Excel Applications for Accounting Principles 4th Edition by Gaylord Smith
Edition 4ISBN: 978-1111581565 Exercise 2
PROBLEM DATA
Reliable Smoke Alarms, Inc., has just completed an in-depth study of overhead costs. The firm normally operates between 3,600 and 4,600 labor hours each month. Budgeted costs for this range of activity are presented as follows:
REQUIREMENT
Open the file FLEXBUD from the website for this book at cengagebrain.com. Enter the 12 formulas in the appropriate cells. FORMULA6 and FORMULA12 will utilize the =IF function discussed in Appendix A of Excel Quick. Enter your name in cell A1. Save your results as FLEXBUD2 and print the worksheet when done. Also print your formulas. Check figure: Total flexible budget difference (cell E43), $152 unfavorable.
Reliable Smoke Alarms, Inc., has just completed an in-depth study of overhead costs. The firm normally operates between 3,600 and 4,600 labor hours each month. Budgeted costs for this range of activity are presented as follows:

REQUIREMENT
Open the file FLEXBUD from the website for this book at cengagebrain.com. Enter the 12 formulas in the appropriate cells. FORMULA6 and FORMULA12 will utilize the =IF function discussed in Appendix A of Excel Quick. Enter your name in cell A1. Save your results as FLEXBUD2 and print the worksheet when done. Also print your formulas. Check figure: Total flexible budget difference (cell E43), $152 unfavorable.
Explanation
Open the FLEXBUD worksheet. Enter formul...
Excel Applications for Accounting Principles 4th Edition by Gaylord Smith
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