Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Create a one variable data table in excel 2013

01/12/2021 Client: muhammad11 Deadline: 2 Day

New Perspectives Excel 2013

Tutorial 10: SAM Project 1a

Firestone Clock Company

WHAT-IF ANALYSES AND SCENARIOS

Project Goal

M Project Name

Project Goal

PROJECT DESCRIPTION
Walter Silva runs operations at Firestone Clock Company. The company currently owns and operates its own manufacturing facilities that produce three lines of clocks, Desktop Models, Wall Units, and Custom Clocks. Manufacturing and other costs have been rising, and profits are being squeezed. Walter has asked you to create a workbook that details the financial components of each product line, then analyze a number of scenarios that involve cutting expenses and/or raising prices. You are trying to find the most profitable mix of products using the most cost-effective means of production.

GETTING STARTED
· Download the following file from the SAM website:

· NP_Excel2013_T10_P1a_FirstLastName_1.xlsx

· Open the file you just downloaded and save it with the name:

· NP_Excel2013_T10_P1a_FirstLastName_2.xlsx

· Hint: If you do not see the .xlsx file extension in the Save file dialog box, do not type it. Excel will add the file extension for you automatically.

· With the file NP_Excel2013_T10_P1a_FirstLastName_2.xlsx still open, ensure that your first and last name is displayed in cell B6 of the Documentation sheet. If cell B6 does not display your name, delete the file and download a new copy from the SAM website.

· This project requires the use of the Solver add-in. If this add-in is not available in the Analysis group (or if the Analysis group is not available) on the DATA tab, install Solver by following the steps below.

· In Excel, click the FILE tab, and then click the Options button in the left navigation bar.

· Click the Add-Ins option in the left pane of the Excel Options window.

· Click on the arrow next to the Manage box, click the Excel Add-Ins option, and then click the Go button.

· In the Add-Ins window, click the check box next to the Solver Add-In option and then click the OK button.

· Follow any remaining prompts to install Solver.

PROJECT STEPS
Go to the Desktop Models worksheet. In cell C28, use Goal Seek to perform a break-even analysis for Desktop Models by calculating the number of units the company needs to sell (represented by the value in cell C27), at the price per unit listed in cell C25, in order to break even, or reach a Gross Profit of $0. (Hint: The number format applied to cell C25 will make a value of $0 display as $ -)

Create a one-variable data table to display values for Sales, Expenses, and Profits based on the Number of Clocks sold by completing the following actions:

a. In cell E5, enter a formula to reference cell C5, which is the input cell to be used in the data table.

b. In cell F5, enter a formula that references cell C20, which is the expected total sales for this product.

c. In cell G5, enter a formula that references cell C21, which is the expected total expenses for this product.

d. In cell H5, enter a formula that references cell C22, which is the expected gross profit for this product.

e. Select the range E5:H10 and then complete the one-variable data table, using cell C5 as the Column input cell for your data table.

Select range E14:L19. Create a two-variable data table to display values for gross Profit based on Units Sold and Price per Unit (Hint: Use cell C6 as the Row input cell and cell C5 as the Column input cell).

Apply a custom format to cell E14 to display the text “Units Sold/Price” in place of the cell value.

Go to the Wall Units worksheet. Create a Scatter with Straight Lines chart based on range E4:G14 in the data table Wall-Units – Break-Even Analysis. Modify the chart as described below:

f. Resize and reposition the chart so the upper-left corner is in cell E15 and the lower-right corner is in cell H28.

g. Remove the chart title from the chart.

h. Add Sales and Expenses as the Vertical Axis title and Units Sold as the Horizontal Axis title.

i. For the Vertical Axis, change the Minimum Bounds to 300000 and the Maximum Bounds to 550000. Change the Number format of the Vertical Axis to Currency with 0 decimal places.

j. For the Horizontal Axis, change the Minimum Bounds to 5000 and the Maximum Bounds to 9000.

k. Use the Change Colors option to change the color set for the chart to Color 14 (the 4th entry from the bottom in the gallery of color choices).

Open the Scenario Manager and add two scenarios for the data in the Wall Units worksheet based on the data shown in Table 1. The changing cells for both scenarios are the non-adjacent cells C12, and C15. Close the Scenario Manager without showing any of the scenarios.

Table 1: Wall Unit Scenario Values

Values

Scenario 1

Scenario 2

Scenario Name

Standard Materials

Green Materials

Wall_Unit_Variable_Cost (C12)

33.75

42.50

Wall_Unit_Fixed_Cost (C15)

175000

225000

Copyright © 2014 Cengage Learning. All Rights Reserved.

Go to Custom Clocks worksheet. Create a Scatter with Straight Lines chart based on range E6:J14 in the data table Custom Clocks – Net Income Analysis. Make the following modifications to the chart:

l. Resize and reposition the chart so the upper-left corner is in cell E15 and the lower-right corner is in cell J28.

m. Remove the chart title from the chart.

n. Reposition the chart legend to the Right of the chart.

o. Add the title Net Income as the Vertical Axis title and Units Sold as the Horizontal Axis title.

p. For the Vertical Axis, change the Minimum Bounds to -150000 and the Maximum Bounds to 250000. Change the Number format of the Vertical Axis to Currency with 0 decimal places.

q. For the Horizontal Axis, change the Minimum Bounds to 3000 and the Maximum Bounds to 7500.

In the Scatter with Straight Lines chart created in the previous step, edit the chart series names as described below:

r. For Series 1, set the series name to cell F5 (Hint: The series name should automatically update to =’Custom Clocks’!$F$5).

s. For Series 2, set the series name to cell G5.

t. For Series 3, set the series name to cell H5.

u. For Series 4, set the series name to cell I5.

v. For Series 5, set the series name to cell J5.

Firestone Clocks is considering subcontracting the construction of their Custom Clock line to other woodshops in the area. Walter wants to determine if this option will reduce the costs associated with this product line.

Go to the Custom Clock – Suppliers worksheet. Run Solver to minimize the value in cell F11 (Total Cost) by adjusting number of units produced by each woodshop (Hint: Changing cells will be C5:E5) assuming the four (4) manufacturing constraints below:

w. F5=5500

x. F11 <=560000

y. C5:E5 <=3500

z. C5:E5 should be an Integer

Run Solver, keep the Solver Solution, and then return to the Solver Parameters Dialog box. Save the model to the range B15:B22. Close the Solver Parameters Dialog box.

Go to the All Products worksheet. Open the Scenario Manager and create a Scenario Summary report for the resultant cells C18:E18. The Scenario Summary report will summarize the impact of the following three scenarios: Status Quo, Outsource Manufacturing, Raise Prices 5%.

Go back to the All Products worksheet. Open the Scenario Manager and create a Scenario PivotTable report for result cells C18:E18. Format the Scenario PivotTable as described below:

aa. Remove the Filter field from the PivotTable.

ab. Change the number format of the Profit_per_Unit_Sold_Desktop, Profit_per_Unit_Sold_Wall_Units, and Profit_per_Unit_Sold_Custom fields (located in the Values box of the PivotTable Field List) to Currency (with 2 decimal places).

ac. In cell A1, enter the value All Products Scenario PivotTable and format the cell with the Title cell style.

Go back to the All Products worksheet. Open the Scenario Manager and view the Outsource Manufacturing scenario in the worksheet.

Your workbook should look like the Final Figure on the following page. Note that some of the outcome values have been intentionally blanked out. Save your changes, close the workbook, and exit Excel. Follow the directions on the SAM website to submit your completed project.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Fatimah Syeda
Top Essay Tutor
Assignment Hub
Accounting Homework Help
Helping Hand
Homework Master
Writer Writer Name Offer Chat
Fatimah Syeda

ONLINE

Fatimah Syeda

This project is my strength and I can fulfill your requirements properly within your given deadline. I always give plagiarism-free work to my clients at very competitive prices.

$33 Chat With Writer
Top Essay Tutor

ONLINE

Top Essay Tutor

Being a Ph.D. in the Business field, I have been doing academic writing for the past 7 years and have a good command over writing research papers, essay, dissertations and all kinds of academic writing and proofreading.

$36 Chat With Writer
Assignment Hub

ONLINE

Assignment Hub

I will provide you with the well organized and well research papers from different primary and secondary sources will write the content that will support your points.

$33 Chat With Writer
Accounting Homework Help

ONLINE

Accounting Homework Help

Being a Ph.D. in the Business field, I have been doing academic writing for the past 7 years and have a good command over writing research papers, essay, dissertations and all kinds of academic writing and proofreading.

$30 Chat With Writer
Helping Hand

ONLINE

Helping Hand

I am a professional and experienced writer and I have written research reports, proposals, essays, thesis and dissertations on a variety of topics.

$25 Chat With Writer
Homework Master

ONLINE

Homework Master

I have read your project details and I can provide you QUALITY WORK within your given timeline and budget.

$15 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Hozier tickets bethlehem wind creek event center november 16 - Unit 4 assignment 1 business - Andy griffith season 1 episode 4 - Research Project 2 PAGES - How to open cadence in linux - Interpreting the radial probability distribution of an orbital - Enterprise Risk Management Paper - Mussel slough is located in the - Why do flowering plants need to have internal fertilisation - CJ 3200 MOD 5 Case Study - Super size me french fries test - Aeiou indications for dialysis - Deliverable 5 - Corporate Social Responsibility Presentation Power Point Presentation/ with Speaker Notes - Hella rallye 4000 specs - Ass 44 - Course Paper 2: Public Management of Undocumented Immigrants - Bolman and deal four frames pdf - Here is the summary of our meeting - Apply moderate effect smartart style powerpoint - Neurovascular observations chart nsw health - MBA 6601 UNIT I ASSESSMENT - Ami amo root words - Groupon vrio analysis - 1996 adventure consultants everest expedition - The lancaster corporation's income statement - 22:00 in 12 hour - The investment detective case 17 - Order 2076683: immigration. consequance and compermise - Essay Outline - William ransom primary school - Field of view microscope 40x - Walk in a circle song - High frequency training for hypertrophy - Approach to approach conflict - Investment Firm cybercrime risk assesment - Psychological treatment plan template - Legal environment - Research Methods in Criminal Justice - Chapter 12. - Financial accounting ll w myaccountinglab - Which statement about the free enterprise system is true - Cmu fire rating ul - Helping skills clara hill pdf - Write a Policy meno , (health policy and research) - Dairy farm feasibility report - Breadboard resistors in parallel - Scotland pa watch online - Summary of the loneliness beyond poem - Implementation and Operations of Policies - What is management support system - Paid cash for supplies journal entry - Supportive Services - Bga heatsink with fan - Of mice and men crooks quotes - P&g's pact with amazon angers target - Goods held on consignment are - Sodium borohydride reduction procedure - Imagine a country holly sklar summary - What does p1 mean in btec results - Assignment - Abcya word cloud app - Animal cell model flat - Work near underground assets guideline - Arrest to Pretrial - Mohs hardness scale worksheet pdf - Nursing interventions for bowel obstruction - Ap style time of day - Hlr and vlr in mobile computing - Namaste nail sanctuary solon ohio - Games - The blind side inaccuracies - Surface water lab report - Trial frame refraction steps - Peanut company acquired 100 percent of snoopy - Heat capacity of ideal gas at constant pressure - The san francisco bands were played mainly on am radio - How much to charge for an assignment - Managing people - Heating curve of water - Pure nitrosyl chloride gas was heated to - The saddle club veronica - Employee engagement survey results and action plan ppt - Walmart capstone simulation level 3 - When was the poem she walks in beauty written - HIST discussion - Summative Examination - What is integrity interview question - &&+2349022657119..HOW TO JOIN OCCULT FOR MONEY RITUAL.. ILIMIENAT.. VOODOO HEALER..HOODOO SPLLER - How will you know when your titration is finished - Michel de certeau tactics and strategies - Siemens brushless dc motor - John maxwell levels of leadership - Interest rate swap volatility - Balogun and hope hailey's change model - Cia world factbook gaza - World wide earthquake locator - Continuous quality improvement worksheet hcs 451 - Mansa musa pilgrimage primary source - 6 3 1 reflection assignment - 200000 mb to gb - What happened to missy in the shack