Question: I need help in this question, Please do it on excel and do not make any mistake. Please do it correctly as required A B

I need help in this question, Please do it on excel and do not make any mistake. Please do it correctly as required

I need help in this question, Please do it on

I need help in this question, Please do it on

A B D N O E G J K L 1 The Woodworks Company produces a variety of custom-designed wood furniture for its customers. One favorite item is a bookshelf, made from either cherry or oak. The company 2 knows that wood prices and labor costs are likely to increase in the future. The next table shows the number of board-feet and labor hours required for a bookshelf, the current costs 3 per board-foot and labor hour, and the anticipated annual increases in these costs. (The top row indicates that either type of bookshelf requires 28 board-feet of wood and 18 hours of 4 labor.) Build a spreadsheet model that enables the company to experiment with the growth rates in wood and labor costs so that a manager can see, both numerically and graphically, 5 how the costs of the bookshelves vary in the next few years. 6 7 8 Projecting bookshelf costs at Woodworks 9 10 Inputs Oak Cherry 28 18 28 18 Cherry $6.00 11 Requirements per bookshelf 12 Board-feet required 13 Labor hours required 14 15 Costs of wood 16 Current cost per board-foot 17 Projected annual increase 18 19 Cost of labor 20 Current cost per labor hour 21 Projected annual increase 22 Oak $5.50 1.7% 2.4% $20.00 1.50% $20.00 1.50% F17 fx B D E F G H J K L M Cherry 28 Oak 28 18 18 Oak Cherry $6.00 2.4% $5.50 1.7% 11 Requirements per bookshelf 12 Board-feet required 13 Labor hours required 14 15 Costs of wood 16 Current cost per board-foot 17 Projected annual increase 18 19 Cost of labor 20 Current cost per labor hour 21 Projected annual increase 22 23 Projected costs 24 25 Years from now $20.00 1.50% $20.00 1.50% Cost per board-foot Cherry Oak Cost per hour Labor Cost per bookshelf Cherry Oak 26 0 27 1 28 2 29 3 30 4 31 5 32 6 33

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