Calculate the average retail price of all the products

Assignment Help Management Information Sys
Reference no: EM13867173

PART I: Projects

Directions: Please complete the following tasks. Be sure to read the directions carefully. When you have completed all parts of the Homework Assignment, create a zipped folder containing all files, then upload this .zip file to iBoard.

1. Follow the directions below to create an Excel® worksheet.

• Open a new workbook and save it as Homework Plan.xlsx in the drive and folder where your Data Files are stored.

• Create a worksheet based on the table given below, which indicates hours of study for each course throughout the week.

 

Biology

Chemistry

Anthro.

History

Total Study Time

Mon.

1

0

1

0

 

Tues.

0

1

0

1

 

Wed.

0

1

1

1

 

Thurs.

1

0

1

1

 

Fri.

1

1

0

0

 

• Enter formulas to calculate the Total Study Time for the last column.

• Save your changes and preview your worksheet.

• Save the file as part of the zipped folder to be uploaded to iBoard.

2. Your company, Delicious Scoops, is a retailer of all-natural ice cream. The following table lists sales for the best-selling flavors over a one-year period. Open a new workbook and save it as Delicious Scoops.xlsx in the drive and folder where your Data Files are stored. Plan and build a worksheet based on the table shown here.

Flavor

Quarter 1

Quarter 2

Quarter 3

Quarter 4

Chocolate

570

620

375

452

Vanilla

315

420

178

315

Coffee

425

576

535

489

Butter Pecan

520

589

492

670

• Think about where you want the totals and averages for each flavor and each quarter. Where do you want totals to appear? Where do you want averages to appear?

• Enter the data shown in the table in the workbook.

• Calculate totals for sales of each flavor and each quarter.

• Calculate averages for sales of each flavor and each quarter.

• On a separate worksheet, calculate the impact of a 35% increase in sales for each flavor in each quarter.

• Enter your name in a cell in each sheet, save your work, and then preview each worksheet.

• Save the file as part of the zipped folder to be uploaded to iBoard.

3. You manage a local toy store, Magical Beginnings. Because you learned how to use Excel®, you decide to use a workbook to calculate on-hand inventory values for products in the following table. Open a new workbook and save it as Magical Beginnings.xlsx in the drive and folder where your Data Files are stored. Plan and build a worksheet based on the table shown here.

Product

Wholesale Price

On-Hand

Total Value

Retail Price

Super Pets Action Figure

12.35

26

 

 

Rocketship Adventure Set

25.73

51

 

 

Ninja Ants

16.22

85

 

 

Baby Sleeps-a-lot

22.67

42

 

 

• Think about where you want the on-hand totals for all products to appear. Where do you want the average price to appear?

• Enter the data shown in the table in the workbook.

• Calculate the retail price of each product, assuming a 2.3% markup of the wholesale price.

• Calculate the average retail price of all the products.

• Calculate the total value for each product (hint: use the retail price, not the wholesale price).

• Enter you name in a cell, save your work, and then preview the worksheet.

• Save the file as part of the zipped folder to be uploaded to iBoard.

PART II: Essay

Directions: Write an essay that summarizes what you have learned in this section of your textbook and lecture notes. Your paper should be at least 2 pages in length, utilize APA style, and include a cover page and a bibliography. Your paper should be written in your own words and not copied and pasted from the Internet or directly from the textbook and/or lecture notes. Your summary must include all of the following topics:

• Understand spreadsheet software
• Tour the Excel® 2013 window
• Understand formulas
• Enter labels and values and use the Sum button
• Edit cell entries
• Enter and edit a simple formula
• Switch worksheet views
• Choose print options.

Reference no: EM13867173

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