2 3 4 5 6 7 8 9 10 11 12 13 14 Start Excel Download...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
2 3 4 5 6 7 8 9 10 11 12 13 14 Start Excel Download and open the file named EXP19 Excel Ch06 ML2 HW DeckBuilders.xlsx. Grader has automatically added your last name to the beginning of the filename Calculate total building expensive for model A in cell C16. Total expense is calculated by multiplying manufacturing cost (C4) and total contracts (C8) Then use the fill handle to copy the formula into cells D16 and E16 Calculate total profit for model A in cell C17 Total profit is calculated by multiplying profit marging (C6) and total contracts (C8). Then use the fill handle to copy the formula into cells D17 and E17 Create range names based on the values in the range C19 C20 based on the values in the range B19 B20 In cell C19 use the SUM function to calculate total building expenses. The total building expenses are the sum of the range C16 E16. In cell C20 use the SUM function to calculate total profits. The total profit is the sum of the range C17 E17 If not loaded, load the Solver add-in Set the objective cell to Max Net Profit (cell C21) Assign Total Contracts (range C8 E8) as the Changing Variables Cells Set a constraint to ensure contracts are whole numbers. Set a constraint to ensure the raw material used do not exceed inventory Set a constraint to ensure that the Total Contracts are greater or equal to the existing contracts Create an Answer Report to outline your findings Create a footer with your name on the left side, the sheet name code in the center, and the file name code on the right side of both worksheets. Save and close Exp19_Excel Ch06_ML2_HW_DeckBuilders xlsx Exit Excel. Submit the file as directed. Total Points D 8 8 6 A 10 14 4 4 18 16 O 100 1 2 3 5 6 7 87 B 9 0 1 2 3. File 1 Paste Clipboard A Home Insert X (6 S Calibri BIU V B Indy Deck Builders Raw Material Wood Hardware Paint Model Manufacturing Cost Selling Price Profit Margin Existing Contracts Total Contracts Font Draw Page Layout Model Building Expense Total Profit Deck Builders Total Building Expense Total Profit Net Profit Y fx 555 $ $ AA == A- A S 566.25 $ $ 2,000.00 $ $ 1,433.75 $ 15 Existing Contracts Formulas A 45 0 D B B Datal Alignment 828.75 $ 3,500.00 $ 2,671.25 $ 55 0 Review View Wrap Text Merge & Center Cost Per Unit Units in Inventory Total Units Consumed $ 2.00 70000 20000 0.75 1.25 35000 E C C 1,258.75 5,000.00 3,741.25 75 0 0 S 0 0 F Help General $ % 98 98 Y 00 Number 15 Conditional Format as Cell Formatting Table Styles Styles Raw Material Required Per Model Wood Hardware Paint Raw Materials Consumed Wood Hardware Paint V H A A 200 55 100 000 B B 310 70 125 0 OOO 0 0 Insert Delete Format Cells + C 500 95 150 C 000 OFIM Σ K 2 3 4 5 6 7 8 9 10 11 12 13 14 Start Excel Download and open the file named EXP19 Excel Ch06 ML2 HW DeckBuilders.xlsx. Grader has automatically added your last name to the beginning of the filename Calculate total building expensive for model A in cell C16. Total expense is calculated by multiplying manufacturing cost (C4) and total contracts (C8) Then use the fill handle to copy the formula into cells D16 and E16 Calculate total profit for model A in cell C17 Total profit is calculated by multiplying profit marging (C6) and total contracts (C8). Then use the fill handle to copy the formula into cells D17 and E17 Create range names based on the values in the range C19 C20 based on the values in the range B19 B20 In cell C19 use the SUM function to calculate total building expenses. The total building expenses are the sum of the range C16 E16. In cell C20 use the SUM function to calculate total profits. The total profit is the sum of the range C17 E17 If not loaded, load the Solver add-in Set the objective cell to Max Net Profit (cell C21) Assign Total Contracts (range C8 E8) as the Changing Variables Cells Set a constraint to ensure contracts are whole numbers. Set a constraint to ensure the raw material used do not exceed inventory Set a constraint to ensure that the Total Contracts are greater or equal to the existing contracts Create an Answer Report to outline your findings Create a footer with your name on the left side, the sheet name code in the center, and the file name code on the right side of both worksheets. Save and close Exp19_Excel Ch06_ML2_HW_DeckBuilders xlsx Exit Excel. Submit the file as directed. Total Points D 8 8 6 A 10 14 4 4 18 16 O 100 1 2 3 5 6 7 87 B 9 0 1 2 3. File 1 Paste Clipboard A Home Insert X (6 S Calibri BIU V B Indy Deck Builders Raw Material Wood Hardware Paint Model Manufacturing Cost Selling Price Profit Margin Existing Contracts Total Contracts Font Draw Page Layout Model Building Expense Total Profit Deck Builders Total Building Expense Total Profit Net Profit Y fx 555 $ $ AA == A- A S 566.25 $ $ 2,000.00 $ $ 1,433.75 $ 15 Existing Contracts Formulas A 45 0 D B B Datal Alignment 828.75 $ 3,500.00 $ 2,671.25 $ 55 0 Review View Wrap Text Merge & Center Cost Per Unit Units in Inventory Total Units Consumed $ 2.00 70000 20000 0.75 1.25 35000 E C C 1,258.75 5,000.00 3,741.25 75 0 0 S 0 0 F Help General $ % 98 98 Y 00 Number 15 Conditional Format as Cell Formatting Table Styles Styles Raw Material Required Per Model Wood Hardware Paint Raw Materials Consumed Wood Hardware Paint V H A A 200 55 100 000 B B 310 70 125 0 OOO 0 0 Insert Delete Format Cells + C 500 95 150 C 000 OFIM Σ K
Expert Answer:
Answer rating: 100% (QA)
Raw material consumed Raw material required Total contracts Total uniits consumed s... View the full answer
Related Book For
Posted Date:
Students also viewed these mathematics questions
-
As stated in Chapter 23, mammalian cells can become resistant to the lethal action of methotrexate by the selective survival of cells containing increases in dihydrofolate reductase gene copy number...
-
Suppose that we are a bank with $3,000 worth of deposits. We operate in an economy with a mandated reserve ratio of 12%. Suppose that the bank is keeping $450 in reserves currently, loaning out the...
-
Assign trucks to delivery routes so that total costs are minimized, given the cost data shown. What is the totalcost? E-7 5689 D-8 3454 E-09 8 0 53 B-5 4 3 2 5 A-4 6756 12345
-
Practice Problem 6: We-B-Busy, Inc. uses job costing and a predetermined overhead rate based on machine hours (MH). The firm estimated that it would use $240,000 of MOH and 7,500 MH this year. Data...
-
Identify whether the items below are characteristics of information that are relevant (REL) or a faithful representation (FR): _______ Information that is neutral _______ Information has decision-...
-
Find the midpoint of the line segment joining the points corresponding to the complex numbers in the complex plane. 1. 2 + i, 6 + 5i 2. 3 + 4i, 1 2i 3. 7i, 9 10i
-
What is a virus? How do viruses reproduce?
-
Companies should focus on financial measures of quality because these are the only measures of quality that can be linked to bottom-line performance. Do you agree? Explain
-
The zaibatsu welcomed outside management expertise and advice. All of these. were successful in raising money in the new stock exchanges to solidify control over subsidiaries. were heavy-industry...
-
The trial balance of Telegraphic Link at November 30, follows: Additional information at November 30, 2012: a. Accrued service revenue, $600. b. Depreciation, $300. c. Accrued salary expense, $800....
-
Egg & Butter Sdn. Bhd. (EBSD) manufactures high quality biscuits that are sold to hotels and restaurants in Kuching, Sarawak. Two months ago, EBSD had prepared a budget for the forthcoming financial...
-
What serves as an instruction manual in order to help the customer use the project deliverables as intended? a. lessons-learned database b. transition plan c. executed work contract d. issues log
-
If an early termination of their project seems likely, what two avenues can a project manager explore to increase the likelihood of being able to continue the project?
-
What are the main differences between upstream and downstream vertical structures in a manufacturing organization and those in a healthcare organization?
-
The highest bar on a Pareto chart often becomes the head of the fish in the .
-
The new management team at a large company has reevaluated ongoing initiatives and has identified new goals and objectives for the year. They direct that all contracts in progress be terminated...
-
Forensic Accounting and Investigation Forensic accounting involves the application of accounting, auditing, and investigative skills to detect and prevent financial fraud, misappropriation, and other...
-
Use a calculator to evaluate the expression. Round your result to the nearest thousandth. V (32 + #)
-
Explain the term project champion and list some ways to keep a champion involved with the project.
-
Three recent college graduates have formed a partnership and have opened an advertising firm. Their first project consists of activities listed in the following table. a. Draw the precedence diagram....
-
How accurate is your local five-day weather forecast? Support your answer with actual data.
-
What is the primary business of Satyam Computer Services Ltd?
-
In January 2009, approximately how many employees did Satyam Computer Services employ?
-
When the fraud was revealed who took control of the company?
Study smarter with the SolutionInn App