Let us assume that we are going to sell milk tea with the following information:
PRODUCT INFORMATION
Product Description:
Starbuko Milk Tea is a special milk tea using organic ingredients especially mad for
Filpinos
You will use Microsoft Excel to find out estimated sale price is reasonable considering the actual price of the ingredients.
Note: Values with PHP or Philippine peso sign use the Accounting Number format. Its default used the dollar symbol ($).
To change this, click the drop down arrow at the currency button then select More Accounting Formats, then change the symbol to PHP.
2. Use the SUM formula to get the summation of the values form C4 to C7. The SUM formula is =SUM(C4:C7). Type this on cell C8 as shown below:
3. Check if our estimated price will earn us profit. Type the additional information shown below then apply the arithmetic formula for subtraction:
4. The result is PHP 2.20. Our estimated price is not profitable. Let us make an adjustment. Include the information below and deduct the Total form
the New Sale Price.
5. The result is PHP 7.80. This is definitely profitable at this price. However, this does not guarantee our products success.
6. Save you file as 11 YourSection L4 Cost of Ingredients
Name:____________________________________ Age:________________
Income/day:_____________________________(optional)
Suggestions or comments:
________________________________________________________________________________________________
________________________________________________________________________________________________
________________________________________________________________________________________________
________________________________________________________________________________________________
Determine the average for all your criteria and place them at the bottom of your survey results similar to the screenshot below:
Next, determine how many people said YES or NO if they were satisfied with the product or if they would recommend it to their friend.
For this, we will use the COUNTIF function.
Using the =COUNT function will allow us to count the number of cells that contains something.
However, in this case, we just need to count the ones that have YES or NO in them.
For this, we have to use the COUNTIF function.
COUNTIF Function Syntax
=COUNTIF(range,criteria)
Example:
Using the Survey Results, the formula for getting the number of YES for the criteria is
=COUNTIF(J5:J19,YES)
Determine the number of YES answers in both criteria and place them at the bottom of your survey results similar to the screenshot below:
If we were to determine if we should sell your product or service to teachers or students, we can use the AVERAGEIF function.
AVERAGEIF
Using the AVERAGEIF function, we can average a range if the cell beside it equals to teacher and/or student.
Range the cells where you want to look for the criteria
Criteria a value or label that determines if a cell is part of the range to be averaged
Average Range (optional) the actual range of cells that will be average, if omitted, the range will be used instead.
Example:
Using Survey Results:
Result:
With this, we can definitely say that the teachers rated the product higher.
In other instances, you may also want to use the SUMIF function which works similarly to the AVERAGEIF function, except it gets the summation
rather that the average.
Apply the formula also in Taste, Presentation and Product.
TAKE HOME ACTIVITY:
YOU HAVE TO SUBMIT/SEND IT IN EDMODO in EXCEL FILE (.xls or .xlsx file extension)
With Yellow Highlight will be checked (1 point each)
Using the correct filename format (5 points)
Submitted on time (plus 10 points)
Submitted late (-5 points)
TOTAL of 35 points
3
For sheet 2:
5
continuation in Sheet 2:
6 to 19
20