Question: Open the file and save your working file as a .xlsx file in another folder. Create columns for Inventory Value, Percentage, and Cumulative % in
- Open the file and save your working file as a .xlsx file in another folder.
- Create columns for Inventory Value, Percentage, and Cumulative % in H-J.
- Calculate the Inventory Value in Column H using Purchase Cost x Quantity.
- Use the SUM formula to calculate the Total Inventory column total.
- Use the Data-Sort option to sort all columns by Inventory Value in descending order.
- Calculate the Percentage of Inventory in column I; use an anchor ($) in the formula.
- Use the SUM formula to calculate the percentage column total.
- Create a formula to calculate the Cumulative %.
- Prepare a Pareto Chart and Pivot Table showing total Inventory Value by Product Name as shown in the video
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