This assignment is to complete the “Applying Excel” assignment at the end of chapter 2, which can be found at the bottom of page 51 – page 52. This assignment will be about understanding the format for preparing an income statement using the traditional format and the contribution margin format. You should complete part 1 and then answer the questions. You should then complete part 2 and answer the questions. The original spreadsheet is available by accessing “Excel Assignments” from the main page here in canvas, and then clicking chapter 2. If all you do is complete the original spreadsheet, and don’t answer any of the questions, or continue with part 2, you will receive 1/5 for the assignment.
the book: Garrison, Noreen & Brewer, Managerial Accounting, 15 Edition, Irwin McGraw HillthPublishers. The “customized” edition for USU students is available at the bookstore and may becheaper than the full 15 edition that you might find available on-line. Use any prior editions ofththe textbook at your own discretion and risk. Besides those materials provided on canvas, additional resources are available at the textbook website: “mhhe.com/garrison15e”.