Managerial Accounting – Preparing Budgets

Review the attached excel spreadsheet to check answers and make sure formulas are entered correctly

Especially look at Budget #3 direct material budget, Budget #5 manufacturing overhead budget, Budget #6 cost of goods sold budget, and budget #7 selling and administrative expense budget.

Several of these answers seem to be incorrect. You must correct all answers to make assignment get 100% making sure the formulas and data are correct for all entries in the blue shaded area.