A В D E F G J K L M Cost Per Case Cases Sold Sales Discount Net 1 Year Quarter Winery 1991 Q1 1991 Q2 1991 Q3 1991 Q4 1992|Q1 1992 Q2 1992 Q2 Appellation Beaulieu Cabernet Sauvignon Beaulieu Cabernet Sauvignon Beaulieu Cabernet Sauvignon Beaulieu Cabernet Sauvignon Beaulieu Cabernet Sauvignon Beaulieu Cabernet Sauvignon Beaulieu Cabernet Sauvignon Beaulieu Cabernet Sauvignon Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Merlot Beaulieu Merlot Beaulieu Merlot $165 $165 $165 $165 450 550 575 26.50% 30% 3 4 $165 $165 $165 $165 $163 $163 650 310 625 314 670 6. 7 Directions 8 Determine the Sales amounts by multiplying the cost per case times the cases sold. If the cost per case is greater than or equal to $160, the Discount is 26.5% (cell K3) times the sale. Otherwise the Discount is 30% (cell K4) times sales. Be sure to use an absolute reference 1. 9 1992 Q4 1991 Q1 1991 Q2 1991 Q3 1991 Q4 1992 Q1 1992 Q1 1992 Q2 10 230 425 460 11 12 $163 13 $163 450 14 $163 $163 $163 170 15 230 16 175 232 208 180 in the formula. 3. Determine the Net by subtracting the discount 17 1992 Q2 $163 $163 18 1992 Q3 1992 Q3 $163 $163 $163 $163 $163 $160 $160 $160 19 from the Sales. 20 1992 Q3 21 1992 Q4 22 219 220 175 225 180 320 325 190 4. Determine the Totals fo the columns F, G, H and I. 1992 Q4 23 1992 Q4 24 1991 Q1 1991 Q1 1991 Q2 1991 Q2 1991 Q3 25 $160 $160 $160 27 Beaulieu Merlot Beaulieu Merlot Beaulieu Merlot 28 195 29 1991 Q4 200 275 30 1001l01 Inuckhorn IModet S148 Wine Sales Cinderella's Grades Your GPA 2.
A В D E F G J K L M Cost Per Case Cases Sold Sales Discount Net 1 Year Quarter Winery 1991 Q1 1991 Q2 1991 Q3 1991 Q4 1992|Q1 1992 Q2 1992 Q2 Appellation Beaulieu Cabernet Sauvignon Beaulieu Cabernet Sauvignon Beaulieu Cabernet Sauvignon Beaulieu Cabernet Sauvignon Beaulieu Cabernet Sauvignon Beaulieu Cabernet Sauvignon Beaulieu Cabernet Sauvignon Beaulieu Cabernet Sauvignon Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Chardonnay Beaulieu Merlot Beaulieu Merlot Beaulieu Merlot $165 $165 $165 $165 450 550 575 26.50% 30% 3 4 $165 $165 $165 $165 $163 $163 650 310 625 314 670 6. 7 Directions 8 Determine the Sales amounts by multiplying the cost per case times the cases sold. If the cost per case is greater than or equal to $160, the Discount is 26.5% (cell K3) times the sale. Otherwise the Discount is 30% (cell K4) times sales. Be sure to use an absolute reference 1. 9 1992 Q4 1991 Q1 1991 Q2 1991 Q3 1991 Q4 1992 Q1 1992 Q1 1992 Q2 10 230 425 460 11 12 $163 13 $163 450 14 $163 $163 $163 170 15 230 16 175 232 208 180 in the formula. 3. Determine the Net by subtracting the discount 17 1992 Q2 $163 $163 18 1992 Q3 1992 Q3 $163 $163 $163 $163 $163 $160 $160 $160 19 from the Sales. 20 1992 Q3 21 1992 Q4 22 219 220 175 225 180 320 325 190 4. Determine the Totals fo the columns F, G, H and I. 1992 Q4 23 1992 Q4 24 1991 Q1 1991 Q1 1991 Q2 1991 Q2 1991 Q3 25 $160 $160 $160 27 Beaulieu Merlot Beaulieu Merlot Beaulieu Merlot 28 195 29 1991 Q4 200 275 30 1001l01 Inuckhorn IModet S148 Wine Sales Cinderella's Grades Your GPA 2.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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