,
,
,Chapter 1: Applying Excel (continued)
1. When the variable selling cost is changed to $900, the worksheet
changes as show below:
The gross margin is $6,000; the same as it was before. It did not
change because the variable selling expense is deducted after the gross
margin, not before it on the traditional format income statement.
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Managerial Accounting 18th Edition, Solutions Manual, Chapter 1 5
, Chapter 1: Applying Excel (continued)
2. The new worksheet appears below:
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of McGraw Hill LLC.
Managerial Accounting 18th Edition, Solutions Manual, Chapter 1