Question: Create an Excel spreadsheet for sales forecasting. The spreadsheet should clearly show the forecasting/projected total sales and other necessary elements explaining how the total sales

Create an Excel spreadsheet for sales forecasting. The spreadsheet should clearly show the forecasting/projected total sales and other necessary elements explaining how the total sales are calculated. The Sales Forecasting spreadsheet created for this section should mirror Form A from the textbook (page 97). Build the spreadsheet based on the data below.

  • Your facility is the multi-purpose stadium in Charlotte, NC.
  • The stadium hosts various sport and cultural events annually.
  • The events and the expected attendance are illustrated in the table below.
  • You manage the concession stands in the stadium.
  • Based on the last five years data, per capita spending for each type of event is projected as follows:
    • Pro football: $21.00
    • College football: $9.50
    • Professional baseball: $9.25
    • College baseball: $7.50
    • Concert: $16.00
    • Rentals: $9.00

Type of Event

Number of Events

Average Attendance

Professional Football

10

65,000

College Football

6

40,000

Professional Baseball

40

22,000

College Baseball

15

15,000

Concerts

5

55,000

Rentals

1

24,000

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