Chat with us, powered by LiveChat You are a finance manager for Garten furniture, a local furniture store that also provides financing, delivery, and hands free setup. As part of your daily tasks, you create an Excel work - Wridemy

You are a finance manager for Garten furniture, a local furniture store that also provides financing, delivery, and hands free setup. As part of your daily tasks, you create an Excel work

 Exp22_Excel_Ch02_Cumulative – Garten Furniture 

 Exp22 Excel Ch02 Cumulative – Garten Furniture 

 Excel Chapter 2 Cumulative – Furniture Sales  

  

Project Description:

You are a finance manager for Garten furniture, a local furniture store that also provides financing, delivery, and hands free setup. As part of your daily tasks, you create an Excel workbook that reports sales, payment plan information, and summary statistics.

     

Start Excel. Download and open   the file named Exp22_Excel_Ch02_Cumulative_Furniture_Sales.xlsx.   Grader has automatically added your last name to the beginning of the   filename.

 

Insert a function in cell C3 to   display the current date and ensure that the format is set as a Long Date.

 

Set column C’s width to Autofit.

 

Insert a function in cell D11 to   display the item name based on the provided inventory lookup information in   the range B24:D29. Be sure to use the appropriate absolute cell referencing   and the function returns an exact match. Copy the function from cell D11 down   through D19 to complete column D.

 

Insert a function in cell F11 to   display the item price based on the provided inventory lookup information. Be   sure to use appropriate absolute cell referencing and the function returns an   exact match. Copy the function from cell F11 down through F19 to complete   column F.

 

Apply Currency Format to column   F.

 

Insert an IF function in cell   G11 to calculate the total due. If the customer has chosen delivery (column E   = Yes), there is an additional   delivery charge located in cell L11. If the item is not delivered, the total   due is price. Be sure to use appropriate relative and absolute cell   references. Copy the function from cell G11 down through G19 to complete   column G.

 

Apply Currency format to column   G.

 

Insert the function in cell I11   to calculate the first customer’s monthly payment, using appropriate relative   and absolute cell references. Place a minus sign to the left of the present   value argument so that the function returns a positive result. Copy the   formula down the column.

 

Use Quick Analysis to insert a   function in cell I20 that calculates the total of all monthly payments in   column I.

 

Apply Currency Format to column   I.

 

Type the customer name McGowan in cell B6. 

 

Use the XLOOKUP function in cell   C6 to lookup the customer name in the worksheet and return the corresponding   SKU, item name, delivery option, price, total due, years financed, and   monthly payment.

 

Use Format Painter to copy the   format from the range C11:I11 to C6:I6.

 

Insert a function in cell H24 to   calculate the total number of orders in the SKU column.

 

Insert a function in cell H25 to   calculate the lowest monthly payment in column I.

 

Insert a function in cell H26 to   calculate the average monthly payment in column I.

 

Insert a function in cell H27 to   calculate the highest monthly payment in column I.

 

Insert a function in cell H28 to   calculate the median monthly payment in column I.

 

Apply Currency format to the   range H25:H28.

 

Save and close Exp22_Excel_Ch02_Cumulative_Furniture_Sales.xlsx.   Exit Excel. Submit the file as directed

Stanley_Exp22_Excel_Ch02_Cumulative_Furniture_Sales.xlsx

Sales

Garten Furniture Weekly Sales
Date Prepared:
Client Name SKU Item Name Delivery Price Total Due Years Monthly Payment
Client Name SKU Item Name Delivery Price Total Due Years Monthly Payment Inputs
McGowan 294211 Yes 3 Delivery Fee $75.00
Grossman 327064 Yes 5 Interest Rate 3.25%
Chamberlain 446741 No 3 Months Per Year 12
Vong 643081 No 5
Williams 294211 No 3
Hicks 446741 No 3
Singh 306862 Yes 4
Zach 643081 No 4
Li 446741 Yes 5
Totals
SKU Description Price Statistics
294211 Leather sectional $1,399.00 Number of Orders
306862 Entertainment center $809.99 Lowest Monthly Payment
327064 Media cabinet $379.99 Average Monthly Payment
446229 Suede recliner $1,099.99 Maximum Monthly Payment
446741 End table set $467.99 Median Monthly Payment
643081 Dining table $599.99

Exp22_Excel_Ch02_Cumulative – Garten Furniture_Instructions.docx_Instructions.docx

Grader – Instructions Excel 2022 Project

Exp22_Excel_Ch02_Cumulative – Garten Furniture_Instructions.docx

Project Description:

You are a finance manager for Garten furniture, a local furniture store that also provides financing, delivery, and hands free setup. As part of your daily tasks, you create an Excel workbook that reports sales, payment plan information, and summary statistics.

Steps to Perform:

Step

Instructions

Points Possible

1

Start Excel. Download and open the file named Exp22_Excel_Ch02_Cumulative_Furniture_Sales.xlsx. Grader has automatically added your last name to the beginning of the filename.

0

2

Insert a function in cell C3 to display the current date and ensure that the format is set as a Long Date.

4

3

Set column C’s width to Autofit.

0

4

Insert a function in cell D11 to display the item name based on the provided inventory lookup information in the range B24:D29. Be sure to use the appropriate absolute cell referencing and the function returns an exact match. Copy the function from cell D11 down through D19 to complete column D.

10

5

Insert a function in cell F11 to display the item price based on the provided inventory lookup information. Be sure to use appropriate absolute cell referencing and the function returns an exact match. Copy the function from cell F11 down through F19 to complete column F.

10

6

Apply Currency Format to column F.

5

7

Insert an IF function in cell G11 to calculate the total due. If the customer has chosen delivery (column E = Yes), there is an additional delivery charge located in cell L11. If the item is not delivered, the total due is price. Be sure to use appropriate relative and absolute cell references. Copy the function from cell G11 down through G19 to complete column G.

10

8

Apply Currency format to column G.

5

9

Insert the function in cell I11 to calculate the first customer’s monthly payment, using appropriate relative and absolute cell references. Place a minus sign to the left of the present value argument so that the function returns a positive result. Copy the formula down the column.

10

10

Use Quick Analysis to insert a function in cell I20 that calculates the total of all monthly payments in column I.

4

11

Apply Currency Format to column I.

5

12

Type the customer name McGowan in cell B6.

2

13

Use the XLOOKUP function in cell C6 to lookup the customer name in the worksheet and return the corresponding SKU, item name, delivery option, price, total due, years financed, and monthly payment.

8

14

Use Format Painter to copy the format from the range C11:I11 to C6:I6.

2.5

15

Insert a function in cell H24 to calculate the total number of orders in the SKU column.

4

16

Insert a function in cell H25 to calculate the lowest monthly payment in column I.

4

17

Insert a function in cell H26 to calculate the average monthly payment in column I.

4

18

Insert a function in cell H27 to calculate the highest monthly payment in column I.

4

19

Insert a function in cell H28 to calculate the median monthly payment in column I.

4

20

Apply Currency format to the range H25:H28.

2

21

Save and close Exp22_Excel_Ch02_Cumulative_Furniture_Sales.xlsx. Exit Excel. Submit the file as directed

0

Total Points

97.5

Created On: 10/10/2022 1 Exp22_Excel_Ch02_Cumulative – Garten Furniture 1.4

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