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in Jee wants to combine the sales data from each of the art fairs. Switch to the Combined Sales worksheet, and then update the worksheet as follows: In cell A5, enter a formula without using a function that references cell A5 in the Madison Copy the formula from cell A5 to the range A6:A8 without copying the formatting. In cell B5, enter a formula using the SUM function, 3-D references, and grouped worksheets that totals the values from cell B5 in the Chicago:Madison Copy the formula from cell B5 to the range B6:B8 without copying the formatting. Copy the formulas and the formatting from the range B5:B8 to the range C5:E8. (Hint: You can ignore the error about empty cells because Min Jee will enter the Madison sales data later.

in Jee wants to combine the sales data from each of the art fairs. Switch to the Combined Sales worksheet, and then update the worksheet as follows: In cell A5, enter a formula without using a function that references cell A5 in the Madison Copy the formula from cell A5 to the range A6:A8 without copying the formatting. In cell B5, enter a formula using the SUM function, 3-D references, and grouped worksheets that totals the values from cell B5 in the Chicago:Madison Copy the formula from cell B5 to the range B6:B8 without copying the formatting. Copy the formulas and the formatting from the range B5:B8 to the range C5:E8. (Hint: You can ignore the error about empty cells because Min Jee will enter the Madison sales data later.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Hi... I'm having trouble with the following:

  1. Min Jee wants to combine the sales data from each of the art fairs. Switch to the Combined Sales worksheet, and then update the worksheet as follows:
    1. In cell A5, enter a formula without using a function that references cell A5 in the Madison
    2. Copy the formula from cell A5 to the range A6:A8 without copying the formatting.
    3. In cell B5, enter a formula using the SUM function, 3-D references, and grouped worksheets that totals the values from cell B5 in the Chicago:Madison
    4. Copy the formula from cell B5 to the range B6:B8 without copying the formatting.
    5. Copy the formulas and the formatting from the range B5:B8 to the range C5:E8. (Hint: You can ignore the error about empty cells because Min Jee will enter the Madison sales data later.)

 

 

### Art Fairs - Madison 2021 This is a spreadsheet layout for tracking sales at art fairs specifically for Madison in the year 2021. The table is organized to display sales across four quarters (Q1, Q2, Q3, and Q4) and a total sales column to summarize the data. #### Table Overview: - **Headers**: - The main header reads "Art Fairs" with a sub-header "Madison 2021." - Columns are labeled Q1, Q2, Q3, Q4, and Total. - **Categories**: - The rows categorize art sales into four types: - Ceramics - Fiber - Glass - Stone - **Total Sales Row**: - A designated row is present to compile the total earnings from each category across all quarters. Below the table, there are worksheet tabs for navigation: - **Worksheet Tabs**: - Documentation - Art Fairs - Chicago - St. Louis - Minneapolis - Madison (currently active) - Combined Sales #### Graphs and Diagrams: The spreadsheet itself does not contain any graphs or diagrams; however, it is structured to easily input and calculate quarterly sales data by category, allowing for potential graphical data visualizations if created in applications like Microsoft Excel.
Transcribed Image Text:### Art Fairs - Madison 2021 This is a spreadsheet layout for tracking sales at art fairs specifically for Madison in the year 2021. The table is organized to display sales across four quarters (Q1, Q2, Q3, and Q4) and a total sales column to summarize the data. #### Table Overview: - **Headers**: - The main header reads "Art Fairs" with a sub-header "Madison 2021." - Columns are labeled Q1, Q2, Q3, Q4, and Total. - **Categories**: - The rows categorize art sales into four types: - Ceramics - Fiber - Glass - Stone - **Total Sales Row**: - A designated row is present to compile the total earnings from each category across all quarters. Below the table, there are worksheet tabs for navigation: - **Worksheet Tabs**: - Documentation - Art Fairs - Chicago - St. Louis - Minneapolis - Madison (currently active) - Combined Sales #### Graphs and Diagrams: The spreadsheet itself does not contain any graphs or diagrams; however, it is structured to easily input and calculate quarterly sales data by category, allowing for potential graphical data visualizations if created in applications like Microsoft Excel.
### Art Fairs - Combined Sales 2021 The table below presents the combined sales for Art Fairs during the fiscal year 2021, broken down by different product categories and quarters, along with totals for the year and a comparison to 2020 totals. | Category | Q1 | Q2 | Q3 | Q4 | Total 2021 | 2020 Total | |-----------|-------|-------|-------|-------|------------|------------| | Ceramics | $1,802 | $2,198 | $3,357 | $2,556 | $9,912 | $12,637 | | Fiber | $1,620 | $2,386 | $3,743 | $2,781 | $10,530 | $13,636 | | Glass | $1,973 | $1,986 | $3,546 | $4,206 | $11,711 | $15,435 | | Stone | $2,042 | $2,117 | $2,272 | $3,180 | $9,611 | $11,913 | **Total Sales:** - **Q1:** $7,436 - **Q2:** $8,686 - **Q3:** $12,918 - **Q4:** $12,723 - **Total 2021:** $41,764 - **2020 Total:** $53,621 **Analysis:** - The total sales for 2021 amounted to $41,764, showing a decline compared to the 2020 total sales of $53,621. - Glass had the highest total sales in 2021 with $11,711, and also the highest increase in Q4 with $4,206. - Each category saw its peak sales in different quarters: - Ceramics peaked in Q3. - Fiber also peaked in Q3. - Glass saw its highest in Q4. - Stone peaked in Q4 as well. This data can help track performance across different product types and assess which categories may need strategic changes to improve sales next year.
Transcribed Image Text:### Art Fairs - Combined Sales 2021 The table below presents the combined sales for Art Fairs during the fiscal year 2021, broken down by different product categories and quarters, along with totals for the year and a comparison to 2020 totals. | Category | Q1 | Q2 | Q3 | Q4 | Total 2021 | 2020 Total | |-----------|-------|-------|-------|-------|------------|------------| | Ceramics | $1,802 | $2,198 | $3,357 | $2,556 | $9,912 | $12,637 | | Fiber | $1,620 | $2,386 | $3,743 | $2,781 | $10,530 | $13,636 | | Glass | $1,973 | $1,986 | $3,546 | $4,206 | $11,711 | $15,435 | | Stone | $2,042 | $2,117 | $2,272 | $3,180 | $9,611 | $11,913 | **Total Sales:** - **Q1:** $7,436 - **Q2:** $8,686 - **Q3:** $12,918 - **Q4:** $12,723 - **Total 2021:** $41,764 - **2020 Total:** $53,621 **Analysis:** - The total sales for 2021 amounted to $41,764, showing a decline compared to the 2020 total sales of $53,621. - Glass had the highest total sales in 2021 with $11,711, and also the highest increase in Q4 with $4,206. - Each category saw its peak sales in different quarters: - Ceramics peaked in Q3. - Fiber also peaked in Q3. - Glass saw its highest in Q4. - Stone peaked in Q4 as well. This data can help track performance across different product types and assess which categories may need strategic changes to improve sales next year.
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