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Question

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Factory overhead Jbumber Bolder County Direct abor Hours Direct Labor Rate Direct Materials Direct Labor Factory Overhead Status
2 ate pr direct 125 Rothschild Construction Mocon 0 5 Sus 508 ? ; Completed
3 labor hour 244 Rothchild Construction Sofa ® so $3672 Completed
i m8 Colbercreatons queens o pe srs Completed
SCs] 135 Rothschild Contraction Suk 7 ss sus Inprogress
5 212 Vila Communities Folin so sszams pores,

| F— 291 Quin Qualiy Homes alton » so Sxs28 C1 comers
8 geese 137 Harpertomes Gordon o ss pos Completed
5 260 PNMlAgodees Tolar 7 ssi Sa3008 progress
10 18 PNMullasocdstes Oconee 5 an S610 npogress
u 12 Harper Homes Gordon H py Sasaan Completed
pA 172 culm unl Homes Wolion 5 555 so Completed

Use the information on the Data worksheet and pivot tables, formulas, and/or functions to answer the following questions.
Q1. What is the total cost of all jobs completed?
Q2. What is the total cost of work in progress in Elbert, Putnam, Pierce, and Bryan counties?
Q3. What is the average direct materials cost for Quinn Quality Homes, rounded to the nearest dollar?
Q4. How many compl

VIPSolutions · Accepted Answer

To solve the given tasks, follow these steps:

### Step-by-Step Solution

#### R1: Calculate Direct Labor
1. **Formula for Direct Labor:**
   - Direct Labor = Direct Labor Hours $\times$ Direct Labor Rate
2. **Enter in Cell I2:**
   - Formula: `=F2*G2`
   - Drag down to fill the column for all rows.

#### R2: Calculate Factory Overhead
1. **Formula for Factory Overhead:**
   - Factory Overhead = Direct Labor Hours $\times$ Factory Overhead Rate
2. **Enter in Cell J2:**
   - Formula: `=F2*$A$5`
   - Drag down to fill the column for all rows.

### Answer the Questions

#### Q1: Total Cost of All Jobs Completed
1. **Filter for Completed Jobs:**
   - Filter the "Status" column for "Completed".
2. **Calculate Total Cost:**
   - Total Cost = SUM(Direct Materials + Direct Labor + Factory Overhead) for filtered rows.
   - Use formula: `=SUM(H:H) + SUM(I:I) + SUM(J:J)` for filtered data.

#### Q2: Total Cost of Work in Progress in Specific Counties
1. **Filter for In Progress and Specific Counties:**
   - Filter "Status" for "In progress" and "County" for Elbert, Putnam, Pierce, and Bryan.
2. **Calculate Total Cost:**
   - Total Cost = SUM(Direct Materials + Direct Labor + Factory Overhead) for filtered rows.
   - Use formula: `=SUM(H:H) + SUM(I:I) + SUM(J:J)` for filtered data.

#### Q3: Average Direct Materials Cost for Quinn Quality Homes
1. **Filter for Quinn Quality Homes:**
   - Filter "Builder" for "Quinn Quality Homes".
2. **Calculate Average:**
   - Average Direct Materials = AVERAGE(Direct Materials) for filtered rows.
   - Use formula: `=AVERAGE(H:H)` for filtered data.

#### Q4: Completed Jobs with More than 67 Direct Labor Hours
1. **Filter for Completed Jobs and Specific Builders:**
   - Filter "Status" for "Completed" and "Builder" for "McNeil Builders", "PN Mull Associates", "Spectrum Shores".
2. **Filter for Direct Labor Hours > 67:**
   - Apply filter on "Direct Labor Hours" for values greater than 67.
3. **Count the Jobs:**
   - Use formula: `=COUNT(F:F)` for filtered data.

#### Q5: Total Cost of a Manufactured Product
- **Correct Formula:**
  - Direct Materials + Direct Labor + Factory Overhead

### Final Summary

- **Direct Labor and Factory Overhead** have been calculated using given formulas and filled in the respective columns.
- **Total Costs** for completed jobs and work in progress have been calculated using filters and sum formulas.
- **Average Direct Materials Cost** for Quinn Quality Homes has been computed.
- **Number of Completed Jobs** with more than 67 direct labor hours for specified builders has been determined.
- The **total cost formula** for a manufactured product is Direct Materials + Direct Labor + Factory Overhead.

VIPSolutions · Answer

## Step-by-Step Answers

### Q1: Total Cost of All Jobs Completed
1. **Filter Completed Jobs:** 
   - Filter the "Status" column for "Completed".
2. **Calculate Total Cost:** 
   - Use the formula: 
     $$
     \text{Total Cost} = \sum(\text{Direct Materials}) + \sum(\text{Direct Labor}) + \sum(\text{Factory Overhead})
     $$
   - Apply it to the filtered rows.

### Q2: Total Cost of Work in Progress in Specific Counties
1. **Filter In Progress Jobs:**
   - Filter "Status" for "In Progress" and "County" for Elbert, Putnam, Pierce, and Bryan.
2. **Calculate Total Cost:** 
   - Use the same total cost formula as above for the filtered rows.

### Q3: Average Direct Materials Cost for Quinn Quality Homes
1. **Filter Quinn Quality Homes:**
   - Filter "Builder" for "Quinn Quality Homes".
2. **Calculate Average:** 
   - Use the formula: 
     $$
     \text{Average Direct Materials} = \text{AVERAGE}(\text{Direct Materials})
     $$
   - Apply it to the filtered rows.

### Q4: Completed Jobs for McNeil Builders, PN Mull Associates, and Spectrum Shores with >67 Direct Labor Hours
1. **Filter Completed Jobs:**
   - Filter "Status" for "Completed" and "Builder" for McNeil Builders, PN Mull Associates, and Spectrum Shores.
2. **Filter by Direct Labor Hours:**
   - Apply filter on "Direct Labor Hours" for values greater than 67.
3. **Count the Jobs:** 
   - Use the formula: 
     $$
     \text{Count} = \text{COUNT}(\text{Direct Labor Hours})
     $$
   - Apply it to the filtered data.

### Q5: Total Cost of a Manufactured Product
- The correct formula for total cost is:
  $$
  \text{Total Cost} = \text{Direct Materials} + \text{Direct Labor} + \text{Factory Overhead}
  $$

## Final Summary
- Total costs for completed jobs and work in progress were calculated using filtering and summation.
- Average direct materials cost for Quinn Quality Homes was found.
- The count of jobs exceeding 67 direct labor hours was determined for specified builders.
- The total cost formula for manufactured products was confirmed.

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