1. Create a new Excel sheet in which you will find the delivery cost for each delivery. a. Create a new sheet that has information for each delivery. Name this sheet "lookup." b. In this lookup sheet, look up the hourly rate for the driver for each delivery. Do not enter this information manually! Use the VLOOKUP function. c. For each delivery, calculate the delivery cost as hourly rate for the driver multiplied by time (hours). Fill in the table below for the first ten records. Date Delivery ID Driver Time (Hours) Hourly Rate Cost 1/1 1 Caroline 2 1/1 2 George 1 1/1 3 Frank 2.5 1/2 4 Unknown 1.5 1/3 5 Ben 2.5 1/3 6 Ben 2 1/4 7 George 2.5 1/4 8 Hannah 2.5 1/4 9 Irene 1.5 1/7 10 Jenny 1.5 2. Create a new Excel sheet that aggregates the data contained in the lookup sheet to show each driver's activity analysis. a. Create a pivot table in a new sheet; name this new sheet "pivot table." b. In this pivot table sheet, filter out the data associated with the "Unknown" drivers. c. Find the number of deliveries for each driver. d. Find the total cost of deliveries for each driver. e. Find the average cost per delivery for each driver. Fill in the table below. Round the average cost per delivery to the nearest cent.
1. Create a new Excel sheet in which you will find the delivery cost for each delivery. a. Create a new sheet that has information for each delivery. Name this sheet "lookup." b. In this lookup sheet, look up the hourly rate for the driver for each delivery. Do not enter this information manually! Use the VLOOKUP function. c. For each delivery, calculate the delivery cost as hourly rate for the driver multiplied by time (hours). Fill in the table below for the first ten records. Date Delivery ID Driver Time (Hours) Hourly Rate Cost 1/1 1 Caroline 2 1/1 2 George 1 1/1 3 Frank 2.5 1/2 4 Unknown 1.5 1/3 5 Ben 2.5 1/3 6 Ben 2 1/4 7 George 2.5 1/4 8 Hannah 2.5 1/4 9 Irene 1.5 1/7 10 Jenny 1.5 2. Create a new Excel sheet that aggregates the data contained in the lookup sheet to show each driver's activity analysis. a. Create a pivot table in a new sheet; name this new sheet "pivot table." b. In this pivot table sheet, filter out the data associated with the "Unknown" drivers. c. Find the number of deliveries for each driver. d. Find the total cost of deliveries for each driver. e. Find the average cost per delivery for each driver. Fill in the table below. Round the average cost per delivery to the nearest cent.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:1. Create a new Excel sheet in which you will find the delivery cost for each delivery.
a. Create a new sheet that has information for each delivery. Name this sheet "lookup."
b. In this lookup sheet, look up the hourly rate for the driver for each delivery. Do not enter this information manually! Use the VLOOKUP function.
c. For each delivery, calculate the delivery cost as hourly rate for the driver multiplied by time (hours).
Fill in the table below for the first ten records.
Date
Delivery ID
Driver
Time (Hours)
Hourly Rate
Cost
1/1
1
Caroline
2
1/1
2
George
1
1/1
3
Frank
2.5
1/2
4
Unknown
1.5
1/3
5
Ben
2.5
1/3
6
Ben
2
1/4
7
George
2.5
1/4
8
Hannah
2.5
1/4
9
Irene
1.5
1/7
10
Jenny
1.5
2. Create a new Excel sheet that aggregates the data contained in the lookup sheet to show each driver's activity analysis.
a. Create a pivot table in a new sheet; name this new sheet "pivot table."
b. In this pivot table sheet, filter out the data associated with the "Unknown" drivers.
c. Find the number of deliveries for each driver.
d. Find the total cost of deliveries for each driver.
e. Find the average cost per delivery for each driver.
Fill in the table below. Round the average cost per delivery to the nearest cent.
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