Mike’s Service Corporation- Accounting
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Option #1: Mike’s Services Corporation
Mike’s Services Corporation provides flavoring agents to the food industry. It has two Support departments — Engineering and Materials Management — and two Operating departments–Machining and Assembly.
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- Compute the single-rate method.
- Compute the dual-rate method.
- Compute the supply of capacity method.
Follow the instructions on the Data tab of the worksheet. Show all calculations within the cells of the Excel spreadsheet. This means that you must use formulas and links so that your thought process can be examined. You must also include a detailed explanation of each journal entry that you make or do not make on each date to convey your thought process. There should be no hard coding of solutions.
Review the grading rubric to understand how you will be graded on this assignment. Reach out to your instructor if you have questions about the assignment.
Submit your downloaded and completed Excel file (with your name added to the file name) to the CT Assignment dropbox for Module 2.