EA4-A1 Edit an Inventory Listing and Create a PivotTable for Educational Endeavors In this exercise, you will compile summary data based on an inventory listing for Educational Endeavors. Then you will determine the inventory balance for a product category using three methods. Last, you will create a PivotTable and a PivotChart. 1. Open EA4-A1-Inventory from your Chapter 04 folder and save it as EA4-A1-Inventory-[YourName] Use a function to display the total number of product categories in cell B2 Populate the cells as described for the Construction Paper product category: 2. 3. In this cell: Cell J5 Cell K5 Cell L5 Cell M5 Use a function to display the Number of years for which an inventory balance is displayed Average inventory balance for the five years shown Maximum inventory balance for the five years shown Minimum inventory balance for the five years shown Hint: Make sure the formula in cell J5 will update properly if any currently blank cells are later filled in. 4. Copy the formulas in the range J5:M5 and paste them such that the calculations will be performed for all product categories 5. Enter formulas in the range E63:163 to add the inventory balances for each year Use Inventory Costing Methods Switch to the Construction Paper tab. Use the CONCATENATE function to enter LIFO Inventory Balance in cell A17 6. 7. EA4-A1 Edit an Inventory Listing and Create a PivotTable for Educational Endeavors In this exercise, you will compile summary data based on an inventory listing for Educational Endeavors. Then you will determine the inventory balance for a product category using three methods. Last, you will create a PivotTable and a PivotChart. 1. Open EA4-A1-Inventory from your Chapter 04 folder and save it as EA4-A1-Inventory-[YourName] Use a function to display the total number of product categories in cell B2 Populate the cells as described for the Construction Paper product category: 2. 3. In this cell: Cell J5 Cell K5 Cell L5 Cell M5 Use a function to display the Number of years for which an inventory balance is displayed Average inventory balance for the five years shown Maximum inventory balance for the five years shown Minimum inventory balance for the five years shown Hint: Make sure the formula in cell J5 will update properly if any currently blank cells are later filled in. 4. Copy the formulas in the range J5:M5 and paste them such that the calculations will be performed for all product categories 5. Enter formulas in the range E63:163 to add the inventory balances for each year Use Inventory Costing Methods Switch to the Construction Paper tab. Use the CONCATENATE function to enter LIFO Inventory Balance in cell A17 6. 7