In: Accounting
Excel HW 4: Fox Lake Networking Template
Objective: Create a template to estimate the cost
of networking Fox Lake Country Club.
Skills: IF, AND, OR, COUNT, COUNTA, and COUNTIF and Conditional formatting
For the past year, members at Fox Lake Country Club have been complaining about not being able to access the Internet or slow data transmission speeds while at the club. Given your knowledge of spreadsheets, Jeff Lewis, business manager at Fox Lake, has asked you to create an Excel template for estimating the cost of rewiring the club’s facilities. Jeff wants the worksheet to contain some basic input information and automatically calculate an estimated price, so that he can quickly estimate the cost of rewiring Fox Lake’s facilities. The variables to be considered are as follows:
Complete the following:
Building |
Length in feet |
Condition of network equipment |
Existing Equipment? |
Speed of network required? |
Main Clubhouse |
850 |
0 |
Yes |
1 Gbs |
Outdoor Patio |
625 |
0 |
No |
1 Gbs |
Formal Ballroom |
700 |
1 |
Yes |
100 Mbs |
Dining Hall |
500 |
0 |
No |
1 Gbs |
Maintenance Shed |
305 |
2 |
Yes |
100 Mbs |
Bar and Grill |
330 |
1 |
Yes |
1 Gbs |
Men’s Locker Room |
155 |
2 |
No |
100 Mbs |
Women’s Locker Room |
125 |
2 |
Yes |
100 Mbs |
Outdoor Pool |
760 |
3 |
Yes |
1 Gbs |
Fill in the cost per building. Enter all formulas so they can be copied down the column. Remember, your formulas will need to work when new quantities are substituted into the data entry area. Hint: create input cells and reference those cells in your formulas.
Log into Blackboard and Click on Assessments/Lab Assignment 5: Fox Lake Networking. Use your completed spreadsheet to answer the following 10 questions:
1. How many buildings are considered "High Priced?"
2. What is the Cost of New Cable for the Dining Hall?
3. What is the Total Estimated Cost of Network for all buildings combined?
4. What is the total Discount given for all buildings combined?
5. Which building had the highest Additional Equipment Cost?
6. Which building received the largest discount?
7. How many buildings have a Total Estimated Cost of Network = $0.00?
8. Currently, the cost for not having Existing Equipment is $40. What does it need to be for the Total Estimated Cost of Network for all buildings combined to equal $45,000?
9. What would be the Total Estimated Cost of Network for all buildings combined if, in Step 2, the cost for not having network equipment is decreased to $35.00 per foot?
10. With the cost for not having Existing Equipment changed back to $40, what is the total Discount for all buildings combined if the discount % dropped from 10% to 8.5% for all buildings that had an Estimated Cost of Network before Discount >= $17000?
A1 | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U |
2 | Renowation of network - cost analysis | |||||||||||||||||||
3 | Building | Length in feet | Condition of network equipment | Existing equipment | Speed of network required | Cost per foot of cable | Cost of new cable | Additional Equipment Cost | High-speed cost adjustment | Estimated cost of network before discount | High priced facility | Discount | Total estimated cost of Network | |||||||
4 | Formula input | Result | Formula input | Result | Formula input | Result | Formula input | Result | Formula input | Result | Formula input | Result | Formula input | Result | ||||||
5 | Main clubhouse | 850 | 0 | Yes | 1 Gbs | $ 40 | =IF(E5="Yes",0,(C5*G5)) | - | =IF(D5=0,($C$25*C5),IF(D5=3,($C$25*C5),IF(D5=2,($C$26*C5),0))) | 4,250.00 | =IF(F5="1 Gbs",IF(D5=0,(4.5*C5),0),0) | 3,825.00 | =M5+K5+I5 | 8,075.00 | =IF(O5>5999,"TRUE") | TRUE | =IF(O5<6000,0,IF(O5<17000,O5*$D$21,O5*$D$22)) | 565.25 | =O5-S5 | 7,509.75 |
6 | Outdoor Patio | 625 | 0 | No | 1 Gbs | $ 40 | =IF(E6="Yes",0,(C6*G6)) | 25,000.00 | =IF(D6=0,($C$25*C6),IF(D6=3,($C$25*C6),IF(D6=2,($C$26*C6),0))) | 3,125.00 | =IF(F6="1 Gbs",IF(D6=0,(4.5*C6),0),0) | 2,812.50 | =M6+K6+I6 | 30,937.50 | =IF(O6>5999,"TRUE") | TRUE | =IF(O6<6000,0,IF(O6<17000,O6*$D$21,O6*$D$22)) | 3,093.75 | =O6-S6 | 27,843.75 |
7 | Formal Ballroom | 700 | 1 | Yes | 100 Mbs | $ 40 | =IF(E7="Yes",0,(C7*G7)) | - | =IF(D7=0,($C$25*C7),IF(D7=3,($C$25*C7),IF(D7=2,($C$26*C7),0))) | - | =IF(F7="1 Gbs",IF(D7=0,(4.5*C7),0),0) | - | =M7+K7+I7 | - | =IF(O7>5999,"TRUE") | FALSE | =IF(O7<6000,0,IF(O7<17000,O7*$D$21,O7*$D$22)) | - | =O7-S7 | - |
8 | Dining Hall | 500 | 0 | No | 1 Gbs | $ 40 | =IF(E8="Yes",0,(C8*G8)) | 20,000.00 | =IF(D8=0,($C$25*C8),IF(D8=3,($C$25*C8),IF(D8=2,($C$26*C8),0))) | 2,500.00 | =IF(F8="1 Gbs",IF(D8=0,(4.5*C8),0),0) | 2,250.00 | =M8+K8+I8 | 24,750.00 | =IF(O8>5999,"TRUE") | TRUE | =IF(O8<6000,0,IF(O8<17000,O8*$D$21,O8*$D$22)) | 2,475.00 | =O8-S8 | 22,275.00 |
9 | Maintenance shed | 305 | 2 | Yes | 100 Mbs | $ 40 | =IF(E9="Yes",0,(C9*G9)) | - | =IF(D9=0,($C$25*C9),IF(D9=3,($C$25*C9),IF(D9=2,($C$26*C9),0))) | 1,067.50 | =IF(F9="1 Gbs",IF(D9=0,(4.5*C9),0),0) | - | =M9+K9+I9 | 1,067.50 | =IF(O9>5999,"TRUE") | FALSE | =IF(O9<6000,0,IF(O9<17000,O9*$D$21,O9*$D$22)) | - | =O9-S9 | 1,067.50 |
10 | Bar & Grill | 330 | 1 | Yes | 1 Gbs | $ 40 | =IF(E10="Yes",0,(C10*G10)) | - | =IF(D10=0,($C$25*C10),IF(D10=3,($C$25*C10),IF(D10=2,($C$26*C10),0))) | - | =IF(F10="1 Gbs",IF(D10=0,(4.5*C10),0),0) | - | =M10+K10+I10 | - | =IF(O10>5999,"TRUE") | FALSE | =IF(O10<6000,0,IF(O10<17000,O10*$D$21,O10*$D$22)) | - | =O10-S10 | - |
11 | Men's locker room | 155 | 2 | No | 100 Mbs | $ 40 | =IF(E11="Yes",0,(C11*G11)) | 6,200.00 | =IF(D11=0,($C$25*C11),IF(D11=3,($C$25*C11),IF(D11=2,($C$26*C11),0))) | 542.50 | =IF(F11="1 Gbs",IF(D11=0,(4.5*C11),0),0) | - | =M11+K11+I11 | 6,742.50 | =IF(O11>5999,"TRUE") | TRUE | =IF(O11<6000,0,IF(O11<17000,O11*$D$21,O11*$D$22)) | 471.98 | =O11-S11 | 6,270.53 |
12 | Women's locker room | 125 | 2 | Yes | 100 Mbs | $ 40 | =IF(E12="Yes",0,(C12*G12)) | - | =IF(D12=0,($C$25*C12),IF(D12=3,($C$25*C12),IF(D12=2,($C$26*C12),0))) | 437.50 | =IF(F12="1 Gbs",IF(D12=0,(4.5*C12),0),0) | - | =M12+K12+I12 | 437.50 | =IF(O12>5999,"TRUE") | FALSE | =IF(O12<6000,0,IF(O12<17000,O12*$D$21,O12*$D$22)) | - | =O12-S12 | 437.50 |
13 | Outdoor Pool | 760 | 3 | Yes | 1 Gbs | $ 40 | =IF(E13="Yes",0,(C13*G13)) | - | =IF(D13=0,($C$25*C13),IF(D13=3,($C$25*C13),IF(D13=2,($C$26*C13),0))) | 3,800.00 | =IF(F13="1 Gbs",IF(D13=0,(4.5*C13),0),0) | - | =M13+K13+I13 | 3,800.00 | =IF(O13>5999,"TRUE") | FALSE | =IF(O13<6000,0,IF(O13<17000,O13*$D$21,O13*$D$22)) | - | =O13-S13 | 3,800.00 |
14 | ||||||||||||||||||||
15 | Total no. Of facilities | =COUNT(R5:R13) | 9 | |||||||||||||||||
16 | Total facilities receiving discount | =COUNTIF(R5:R13,">0") | 4 | |||||||||||||||||
17 | ||||||||||||||||||||
18 | ||||||||||||||||||||
19 | ||||||||||||||||||||
20 | Discount % available | upto 6000 | 0 | |||||||||||||||||
21 | 6000-17000 | 7% | ||||||||||||||||||
22 | above 17000 | 10% | ||||||||||||||||||
23 | ||||||||||||||||||||
24 | Additional equipment cost per foot | |||||||||||||||||||
25 | If condition 0 or 3 | 5.00 | ||||||||||||||||||
26 | If condition 2 | 3.50 | ||||||||||||||||||
27 | If condition 1 | - |
When you paste this table into excel and the formulas will get auto calculated (the same are shown for understanding purpose) and will get the same result. Once the formulas have been understood please delete the result columns and the spreedsheet will be ready, on the basis of which the 10 questions can be answered.
1. High priced buildings =COUNTIF(O5:O13,">6000") = 4
2. Cost of new cable for Dining hall = U8 = $ 22,275.0
3. Total estimated cost of networking =SUM(U5:U13) = $ 69,2014.03
4. Total discount given=SUM(S5:S13) = $ 6,605.98