Ask Financial Accounting Expert

Inventory

Project Description: In the following project, you will edit a worksheet that summarizes the inventory of bulbs and trees at the Pasadena facility.

Instructions

1 Start Excel. Download and open the file named go_e02_grader_h3.xls.

2 Change the Theme to Slice. Rename Sheet1 as Bulbs and Sheet2 as Trees. Click the Bulbs sheet tab to make it the active sheet.

3 To the right of column B, insert two new columns to create new blank columns C and D. By using Flash Fill in the two new columns, split the data in column B into a column for Item # in column C and Category in column D. As necessary, type Item # as the column title in column C and Category as the column title in column D.

4 Delete column B. By using the Cut and Paste commands, cut column C-Category-and paste it to column G, and then delete the empty column C. Apply AutoFit to columns A:F.

5 Display the Trees worksheet, and then repeat Steps 3 and 4 on this worksheet.

6 Without grouping the sheets, make the following calculation in both worksheets:

• In cell B4, enter a function to sum the Quantity in Stock data, and then apply Comma Style with zero decimal places to the result.
• In cells B5:B8, enter formulas to calculate the Average, Median, Lowest, and Highest retail prices, and then apply the Accounting Number Format.

7 Without grouping the sheets, make the following calculation in both worksheets:

• In cell B10, enter a COUNTIF function to determine how many different types of Tulips are in stock on the Bulbs sheet and how many different types of Evergreens are in stock on the Trees worksheet.

8 Without grouping the sheets, make the following calculation in both worksheets:

• In cell G14, type Stock Level. In cell G15, enter an IF function to determine the items that must be ordered. If the Quantity in Stock is less than 75 the Value_if_true is Order. Otherwise the Value_if_false is OK. Fill the formula down through all the rows.

9 Without grouping the sheets, apply the following formatting in both worksheets:

• Apply Conditional Formatting to the Stock Level column so that cells that contain the text Order are formatted with Bold Italic with a Font Color of Dark Blue, Text 2. Apply Gradient Fill Blue Data Bars to the Quantity in Stock column.

10 In the Bulbs sheet, format the range A14:G42 as a table with headers and apply Table Style Light 20. Insert a Total Row, filter by Category for Tulips, and then Sum the Quantity in Stock column. Record the result in cell B11.

11 Clear the filter from the table. Sort the table on the Item Name column from A to Z, remove the Total Row, and then convert the table to a range. On the PAGE LAYOUT tab, set Print Titles so that row 14 repeats at the top of each page.

12 In the Trees sheet, format the range A14:G42 as a table with headers and apply Table Style Light 19. Insert a Total Row, filter by Category for Evergreens, and then Sum the Quantity in Stock column. Record the result in cell B11.

13 Clear the filter from the table. Sort the table on the Item Name column from A to Z, remove the Total Row, and then convert the table to a range. On the Page Layout tab, set Print Titles so that row 14 repeats at the top of each page, and then Save your workbook.

14 Group the two worksheets. Merge and center the title in cell A1 across the range A1:G1 and apply the Title cell style. Merge and center the subtitle in cell A2 across the range A2:G2 and apply the Heading 3 cell style. Center the worksheets Horizontally, change the Orientation to Landscape, display the Print Preview, and then change the Settings to Fit All Columns on One Page.

15 In Backstage view, on the left click Save, and then click the Bulbs sheet tab to cancel the grouping. Click the Trees sheet tab, and then insert a new worksheet. Change the sheet name to Summary and then widen columns A:D to 20.63 width [170 pixels]. Move the Summary sheet so that it is the first sheet in the workbook.

16 In cell A1, type Pasadena Inventory Summary. Merge & Center the title across the range A1:D1, and then apply the Title cell style. In cell A2, type As of December 31 and then Merge & Center the text across the range A2:D2. Apply the Heading 1 cell style.

17 On the Bulbs sheet, Copy the range A4:A8. Display the Summary sheet and Paste the selection to cell A5. Apply the Heading 4 cell style to the selection.

18 In the Summary sheet, in cell B4, type Bulbs. In cell C4 type Trees. In cell D4 type Bulbs/Trees. Center the column titles, and then apply the Heading 3 cell style.

19 In cell B5, enter a formula that references cell B4 in the Bulbs sheet so that the Bulbs Total Items in Stock displays in B5. Create similar formulas to enter the Average Price, Median Price, Lowest Price, and Highest Price from the Bulbs sheet into the Summary sheet in the range B6:B9.

20 Enter formulas in the range C5:C9 that reference the Total Items in stock and the Average Price, Median Price, Lowest Price, and Highest Price cells in the Trees worksheet.

21 In cells D5, D6, D7, D8, and D9, insert Column sparklines using the values in the Bulbs and Trees columns. Format the sparklines using the styles in the first row as follows:

D5: Sparkline Style Accent 1, Darker 50%
D6: Sparkline Style Accent 2, Darker 50%
D7: Sparkline Style Accent 3, Darker 50%
D8: Sparkline Style Accent 4, Darker 50%
D9: Sparkline Style Accent 5, Darker 50%

22 To the range B5:C5, apply Comma Style with zero decimal places, and to the range B6:C9, apply Accounting Number Format. Center the Summary worksheet Horizontally and change the Orientation to Landscape.

23 Insert a custom footer in the left section with the file name. Ensure that the worksheets are correctly named and placed in the following order in the workbook: Summary, Bulbs, Trees. Save and close the worksheet. Exit Excel. Submit the file as directed.

Attachment:- go_e02_grader_h3.xlsx

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91762754
  • Price:- $40

Priced at Now at $40, Verified Solution

Have any Question?


Related Questions in Financial Accounting

Case study - the athletes storerequiredonce you have read

Case Study - The Athletes Store Required: Once you have read through the assignment complete the following tasks in order and produce the following reports Part 1 i. Enter the business information including name, address ...

Scenario assume that a manufacturing company usually pays a

Scenario: Assume that a manufacturing company usually pays a waste company (by the pound to haul away manufacturing waste. Recently, a landfill gas company offered to buy a small portion of the waste for cash, saving the ...

Lease classification considering firm guidance issues

Lease Classification, Considering Firm Guidance (Issues Memo) Facts: Tech Startup Inc. ("Lessee") is entering into a contract with Developer Inc. ("Landlord") to rent Landlord's newly constructed office building located ...

A review of the ledger of oriole company at december 31

A review of the ledger of Oriole Company at December 31, 2017, produces these data pertaining to the preparation of annual adjusting entries. 1. Prepaid Insurance $19,404. The company has separate insurance policies on i ...

Chelsea is expected to pay an annual dividend of 126 a

Chelsea is expected to pay an annual dividend of $1.26 a share next year. The market price of the stock is $24.09 and the growth 2.6 percent. What is the cost of equity?

Sweet treats common stock is currently priced at 3672 a

Sweet treats common stock is currently priced at $36.72 a share. The company just paid $2.18 per share as its annual dividend. The dividends have been increasing by 2,2 percent annually and are expected to continue doing ...

Highway express has paid annual dividends of 132 133 138

Highway Express has paid annual dividends of $1.32, $1.33, $1.38, $1.40, and $1.42 over the past five years, respectively. What is the average divided growth rate?

An investment offers 6800 per year with the first payment

An investment offers $6,800 per year, with the first payment occurring one year from now. The required return is 7 percent. a. What would the value be today if the payments occurred for 20 years?  b. What would the value ...

Oil services corp reports the following eps data in its

Oil Services Corp. reports the following EPS data in its 2017 annual report (in million except per share data). Net income $1,827 Earnings per share: Basic $1.56 Diluted $1.54 Weighted average shares outstanding: Basic 1 ...

At the start of 2013 shasta corporation has 15000

At the start of 2013, Shasta Corporation has 15,000 outstanding shares of preferred stock, each with a $60 par value and a cumulative 7% annual dividend. The company also has 28,000 shares of common stock outstanding wit ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As