Excel Applications for Accounting Principles 4th Edition by Gaylord Smith

Exercise 2

PROBLEM DATA
The records of Anderjak Corporation contain the following information for the month of January:

The company has no beginning inventory.
REQUIREMENT
Open the file VARCOST from the website for this book at cengagebrain.com. Enter the formulas where indicated on the worksheet. Enter your name in cell A1. Save the completed file as VARCOST2. Print the worksheet when done. Also print your formulas. Check figure: Absorption income (cell C31), $768,000.