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LESSON 4: ESTIMATING
THE PRODUCT COST USING
MICROSOFT EXCEL
By: James Paul J. Antonio
We will use Microsoft Excel to
find out the our estimated sale
responsible considering the
actual price of the ingredients.
1. Copy the information
2.Use the SUM formula to get the
summation of the values from C4
to C7 formula is =SUM(C4:C7).
3. Check if our estimated price
will earn us profit.
4. The result PHP 2.20. Our
estimated price is not profitable.
5. The result is PHP 7.80. This is
definitely profitable at this price.
However, this does not guarantee
our product’s success.
6. Save your file as L4 Cost of
Ingredients.xlsx
POST-TEST
1. A program designed to create spreadsheets which
can later be used to analyze statistical data.
2. A number format puts a dollar symbol before each
value by default.
3. A function that adds a range of cells.
4. This is the tab in the Format Cells dialog box where
you can change the orientation of a text.
5. A function that gets the average of a range of cells.
6. Which among the following is not part of the syntax
for AVERAGEIF.
7. A function used to count the number of cells that
contains something in them if the criteria are met.
8. A function used to add a certain range of cells if a
condition is met.
9. The shortcut key for the Format Cells dialog
box.
10. A syntax in the AVERAGEIF function that
includes the values or label determines if the
cells part of the range to be averaged.
THANK YOU FOR
WATCHING!!!!

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Estimating the product cost using microsoft excel

  • 1. LESSON 4: ESTIMATING THE PRODUCT COST USING MICROSOFT EXCEL By: James Paul J. Antonio
  • 2. We will use Microsoft Excel to find out the our estimated sale responsible considering the actual price of the ingredients.
  • 3. 1. Copy the information
  • 4. 2.Use the SUM formula to get the summation of the values from C4 to C7 formula is =SUM(C4:C7).
  • 5. 3. Check if our estimated price will earn us profit.
  • 6. 4. The result PHP 2.20. Our estimated price is not profitable.
  • 7. 5. The result is PHP 7.80. This is definitely profitable at this price. However, this does not guarantee our product’s success.
  • 8. 6. Save your file as L4 Cost of Ingredients.xlsx
  • 9. POST-TEST 1. A program designed to create spreadsheets which can later be used to analyze statistical data. 2. A number format puts a dollar symbol before each value by default. 3. A function that adds a range of cells. 4. This is the tab in the Format Cells dialog box where you can change the orientation of a text.
  • 10. 5. A function that gets the average of a range of cells. 6. Which among the following is not part of the syntax for AVERAGEIF. 7. A function used to count the number of cells that contains something in them if the criteria are met. 8. A function used to add a certain range of cells if a condition is met.
  • 11. 9. The shortcut key for the Format Cells dialog box. 10. A syntax in the AVERAGEIF function that includes the values or label determines if the cells part of the range to be averaged.