\table[[Chapter 5A: Applying Excel],[Data],[Markup on job cost,75%,,],[,,],[Department,],[Milling,Assembly,],[Machine-hours,60,000,3,000,],[Direct labor-hours,8,000,80,000,],[Total fixed manufacturing overhead cost,$390,000,$500,000,],[Variable manufacturing overhead per...

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Accounting

\table[[Chapter 5A: Applying Excel],[Data],[Markup on job cost,75%,,],[,,],[Department,],[Milling,Assembly,],[Machine-hours,60,000,3,000,],[Direct labor-hours,8,000,80,000,],[Total fixed manufacturing overhead cost,$390,000,$500,000,],[Variable manufacturing overhead per machine-hour,$2.00,,],[Variable manufacturing overhead per direct labor-hour,,$3.75,],[,,,],[Cost summary for Job 407,Department,],[Milling,Assembly,],[Machine-hours,90,4,],[Direct labor-hours,5,20,],[Direct materials,$800,$370,],[Direct labor cost,$70,$280,],[,,,],[Enter a formula into each of the cells marked with a ? below],[,,,],[Step 1: Calculate the estimated total manufacturing overhead cost for each department],[,Milling,Assembly,],[Total fixed manufacturing overhead cost,$390,000,$500,000,],[Variable manufacturing overhead per machine-hour or direct labor-hour,2,3.75,],[Total machine-hours or direct labor-hours,60,000,80,000,],[Total variable manufacturing overhead,$120,000,$300,000,],[Total manufacturing overhead,$510,000,$800,000,],[,,,],[Step 2: Calculate the predetermined overhead rate in each department],[,Milling,Assembly,],[Total manufacturing overhead,$510,000,$800,000,],[Total machine-hours or direct labor-hours,60,000,80,000,],[Predetermined overhead rate per machine-hour or direct labor-hour,8.5,10,],[,,,],[Step 3: Calculate the amount of overhead applied from both departments to Job 407],[,Milling,Assembly,],[Predetermined overhead rate per machine-hour or direct labor-hour,8.5,10,],[Machine-hours or direct labor-hours for the job,90,20,],[Manufacturing overhead applied,$765.00,$200.00,],[Step 4: Calculate the total job cost for Job 407],[],[,Milling,Assembly,Total],[Direct materials,$800.00,$370.00,$1,170.00],[Direct labor cost,$70.00,$280.00,$350.00],[Manufacturing overhead applied,$765.00,$200.00,$965.00],[Total cost of Job 407,,,$2,485.00],[,,,],[Step 5: Calculate the selling price for Job 407],[Total cost
the "markup" in D52,that has the excel equation: =D51*B4, gives a #VALUE! with the number 75% in the B4 spot. How do I fix that? It also does it if I change the B4 spot to 0.75. I am unsure if the equation is incorrect or what I am missing.
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