Excel Gives You the Ability to Apply Number Formats to Your

question 44

Essay

Excel gives you the ability to apply number formats to your values. Please describe the Accounting Number Format, Percent Style, and Comma Style formats and give an example of how a number would appear in each case.

---

Definitions:

Manufacturing Costs

Expenses directly related to the production of goods, including materials, labor, and overhead.

Work-in-Process Inventory

Goods in production but not yet completed; part of a company's inventory.

Direct Labor Costs

The wages or salaries paid to employees directly involved in the production of goods or services.

Overhead Costs

Expenses related to the day-to-day operations of a business that are not directly tied to a specific product or service.