The Daily Charge is determined by using the Room Number and Rate Code to lookup the value in the DailyChg worksheet. Use the XLOOKUP() function with a nested XLOOKUP() function to find the correct daily charge and display it in column I of the Reservation worksheet. • Use the IFS function to determine the seating surcharge (column K) based upon the value in column H. The seating codes are: CI, CL, LE, US. The CI seating style costs an addition $50, CL is the standard - for which there is no additional charges, LE is an upcharge of $125, and US costs an additional $200. Don't hardcode the values in the function, but rather, create an input area on the DailyChg worksheet. Calculate the Reservation's Total Charges using formula of Daily Charge * Booked days + Seating Surcharge. A B с D E 1 Megan Davis Convention Center 2 Daily Meeting Room Rates 3 Room# Meeting Room AD ST SP 4 AL Alabama $450.00 $600.00 $390.00 5 AU Auditorium $918.75 $1,225.00 $735.00 6 BD Boardroom $412.50 $550.00 $330.00 7 CA California $487.50 $650.00 $422.50 8 CF Conference Center $975.00 $1,500.00 $900.00 9 CO Colorado $468.75 $625.00 $375.00 10 FL Florida $450.00 $600.00 $390.00 GA Georgia $431.25 $575.00 $431.25 B D E H Megan Davis Convention Center Reservation Analysis Worksheet Rate Reservation Reservation Room Number Number Booked Day's Date R0010 AL LE 1 R0010 CA 1 7 R0011 May 1, 2021 Reservation Reservation Seating Style Code Start Date End Date Code AD 12/31/2020 6/2/2021 6/2/2021 AD 12/31/2020 6/2/2021 6/2/2021 ST 12/31/2020 6/2/2021 6/2/2021 SP 12/31/2020 6/2/2021 6/2/2021 AD 1/19/2021 6/26/2021 6/29/2021 AD 1/19/2021 6/26/2021 6/29/2021 7/27/2021 7/31/2021 CO US 1 B R0012 1 9 4 FL AL GA AL R0013 R0013 R0014 10 4 11 AD 2/10/2021 5 1.0 12 11 12 123 4567 с Customer Number 60001 C0001 C0002 C0003 C0004 C0004 C0005 2mm 25m CL LE LE CL Daily Charge Seating Surcharge Total Charges

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
The Daily Charge is determined by using the Room Number and Rate Code to lookup the value in
the DailyChg worksheet. Use the XLOOKUP() function with a nested XLOOKUP() function to find
the correct daily charge and display it in column I of the Reservation worksheet.
• Use the IFS function to determine the seating surcharge (column K) based upon the value in
column H. The seating codes are: CI, CL, LE, US. The CI seating style costs an addition $50, CL is
the standard - for which there is no additional charges, LE is an upcharge of $125, and US costs an
additional $200. Don't hardcode the values in the function, but rather, create an input area on the
DailyChg worksheet.
Calculate the Reservation's Total Charges using formula of Daily Charge * Booked days + Seating
Surcharge.
A
B
с
D
E
1
Megan Davis Convention Center
2
Daily Meeting Room Rates
3
Room# Meeting Room
AD
ST
SP
4
AL
Alabama
$450.00
$600.00
$390.00
5
AU Auditorium
$918.75
$1,225.00
$735.00
6
BD Boardroom
$412.50
$550.00
$330.00
CA California
$487.50
$650.00
$422.50
CF Conference Center
$975.00
$1,500.00
$900.00
CO
Colorado
$468.75
$625.00
$375.00
FL
Florida
$450.00
$600.00
$390.00
GA
Georgia
$431.25
$575.00
$431.25
B
D
E
H
Megan Davis Convention Center
Reservation Analysis Worksheet
Reservation Room
Number Number
Rate Reservation
Code
Date
AD 12/31/2020
Booked
Day's
R0010
AL
LE
1
R0010
CA
1
7 R0011
1
May 1, 2021
Reservation Reservation Seating Style
Start Date
End Date
Code
6/2/2021 6/2/2021
AD 12/31/2020 6/2/2021 6/2/2021
ST 12/31/2020 6/2/2021
6/2/2021
SP 12/31/2020 6/2/2021 6/2/2021
AD 1/19/2021 6/26/2021 6/29/2021
AD 1/19/2021 6/26/2021
AD 2/10/2021 7/27/2021
7/27/2021
8
R0012
1
9
CO
FL
AL
GA
AL
R0013
10 R0013
11 R0014
12 R0014
6/29/2021
7/31/2021
7/31/2021
CA
ST 2/10/2021
1.0
7
8
9
10
11
12
123
4567
Customer
Number
60001
60001
C0002
C0003
C0004
C0004
C0005
C0005
22 52 52
US
CL
LE
LE
CL
CL
Daily Charge
+ + 50 50
4
4
Seating
Surcharge Total Charges
Transcribed Image Text:The Daily Charge is determined by using the Room Number and Rate Code to lookup the value in the DailyChg worksheet. Use the XLOOKUP() function with a nested XLOOKUP() function to find the correct daily charge and display it in column I of the Reservation worksheet. • Use the IFS function to determine the seating surcharge (column K) based upon the value in column H. The seating codes are: CI, CL, LE, US. The CI seating style costs an addition $50, CL is the standard - for which there is no additional charges, LE is an upcharge of $125, and US costs an additional $200. Don't hardcode the values in the function, but rather, create an input area on the DailyChg worksheet. Calculate the Reservation's Total Charges using formula of Daily Charge * Booked days + Seating Surcharge. A B с D E 1 Megan Davis Convention Center 2 Daily Meeting Room Rates 3 Room# Meeting Room AD ST SP 4 AL Alabama $450.00 $600.00 $390.00 5 AU Auditorium $918.75 $1,225.00 $735.00 6 BD Boardroom $412.50 $550.00 $330.00 CA California $487.50 $650.00 $422.50 CF Conference Center $975.00 $1,500.00 $900.00 CO Colorado $468.75 $625.00 $375.00 FL Florida $450.00 $600.00 $390.00 GA Georgia $431.25 $575.00 $431.25 B D E H Megan Davis Convention Center Reservation Analysis Worksheet Reservation Room Number Number Rate Reservation Code Date AD 12/31/2020 Booked Day's R0010 AL LE 1 R0010 CA 1 7 R0011 1 May 1, 2021 Reservation Reservation Seating Style Start Date End Date Code 6/2/2021 6/2/2021 AD 12/31/2020 6/2/2021 6/2/2021 ST 12/31/2020 6/2/2021 6/2/2021 SP 12/31/2020 6/2/2021 6/2/2021 AD 1/19/2021 6/26/2021 6/29/2021 AD 1/19/2021 6/26/2021 AD 2/10/2021 7/27/2021 7/27/2021 8 R0012 1 9 CO FL AL GA AL R0013 10 R0013 11 R0014 12 R0014 6/29/2021 7/31/2021 7/31/2021 CA ST 2/10/2021 1.0 7 8 9 10 11 12 123 4567 Customer Number 60001 60001 C0002 C0003 C0004 C0004 C0005 C0005 22 52 52 US CL LE LE CL CL Daily Charge + + 50 50 4 4 Seating Surcharge Total Charges
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