Question

In: Computer Science

The Scenario: A corporation has offered a scholarship that will cover 75% of the technology costs...

The Scenario: A corporation has offered a scholarship that will cover 75% of the technology costs for college students who qualify. You have decided to apply for the scholarship and must provide a detailed spreadsheet that itemizes your technology needs. For this project, you will create a spreadsheet that has three categories: hardware, software, and accessories. You will look up prices for each item listed in the spreadsheet. Please provide:

Four items and prices under hardware category
Four items and prices under software category
Four items and prices under accessories category
Afterwards, create formulas that provide the following information for the scholarship committee:

Totals for each category
Sub total amount
Tax (8%) amount
Grand Total (including the tax)

In addition, please provide:

Amount of a 15% student discount
Total that reflects the 15% discount
Amount covered by the 75% scholarship
Amount covered by the student

Format the spreadsheet by incorporate Cell Styles where applicable

Next, create two charts based on the following data:

A column chart that reflects the itemized equipment and their costs
A pie chart that reflects the costs per category
(please solve this) Thank You.

Solutions

Expert Solution

The steps are given as per the sheet designed

1. Open MS Excel and create a new Workbook.

2. In A1, enter Category, in B1 enter Item and in C1 enter Cost

3. Enter the data in Cell A2 as Hardware. Select cells A2:A7 and click Merge&Center in the Home Ribbon.

4. Enter the data in Cell A9 as Software. Select cells A9:A14 and click Merge&Center in the Home Ribbon.

5. Enter the data in Cell A16 as Accessories. Select cells A16:A21 and click Merge&Center in the Home Ribbon.

6. Column B,C add the items per category, cells B2:B5 Hardware items and cells C2:C5 will have the cost of the item, cells B9:B12 Software items and C9:C12 will have price of the items and cells B16:B19 will have the Accessories item and C16:C19 will have the cost of the items.

7. In B6, Enter the data as Hardware Cost and in C6 fill the cell as =SUM(C2:C5), which will have the subtotal of Hardware category.

8. In C7, Enter the data as Tax(8%) and D7 as =D6*8% , which gives the tax for the subtotal.

9. In C13, Enter the data as Software Cost and in D13 fill the cell as =SUM(C9:C12), which will have the subtotal of Software category.

10. In C14, Enter the data as Tax(8%) and D14 as =D13*8% , which gives the tax for the subtotal.

11. In C20, Enter the data as Accessories Cost and in D20 fill the cell as =SUM(C16:C19), which will have the subtotal of Hardware category.

12. In C21, Enter the data as Tax(8%) and D21 as =D20*8% , which gives the tax for the subtotal.

13. In C24, Enter Grand Total and in D24 as =SUM(D2:D21), which gives the grand total.

14. In C26:C29 Enter the titles or labels as given in the screenshot of the sheet.

15. In D26, enter the formula as =D24*15%, which gives the 15% of the grand total.

16. In D27, enter the formula as =D24-D26, which gives the total after deducting the student discount.

17. In D28, enter the formula as =D27*75%, which gives the 75% of the amount to be paid (i.e. the scholarship).

18. In D29, enter the formula as =D27-D28, which gives the amount to be paid by the student after scholarship.

Now, formatting, as there is no special mention about the formatting in the question, normal formatting is done in this sheet. The steps to do the formatting done in the sheet.

All the cost and total are formatted as currency.

Next comes the Chart

First Column Chart:

1. Click Insert Tab-> Charts. Choose Column or Bar chart, Empty chart will be created.

2. Right click Chart Area and Select Data.

3.

4. The chart can be formatted as per the requirements.

5. The chart title can be changed as the Itemized Cost.

Pie Chart:

1. Select Insert->Pie chart. An Empty chart will be inserted

2. Right click Chart Area and Select Data.

3.

4. Select the data and in the Horizontal (Category) Axis Labels Click Edit and enter the values as shown below

5.

6. Click Ok. The pie chart will be inserted. Change the Title as per the requirements.


Related Solutions

It is estimated that labor costs are between 50 - 75% of the costs of a...
It is estimated that labor costs are between 50 - 75% of the costs of a business. On December 1, 2016, a new labor law was supposed to take effect that would have likely made millions of salaried workers eligible for overtime pay. Certain salaried workers who earn below $47,476 would have been entitled to time-and-a-half wages for each hour they work beyond 40 hours a week. Currently salaried workers $23,660 and above earn no overtime pay even though many...
Evans Technology has the following capital structure. Debt 25 % Common equity 75 The aftertax cost...
Evans Technology has the following capital structure. Debt 25 % Common equity 75 The aftertax cost of debt is 7.00 percent, and the cost of common equity (in the form of retained earnings) is 14.00 percent. a. What is the firm’s weighted average cost of capital? (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.)    An outside consultant has suggested that because debt is cheaper than equity, the firm should switch to...
Please create a Risk Mitigation Plan for this scenario. Scenario: You are an information technology (IT)...
Please create a Risk Mitigation Plan for this scenario. Scenario: You are an information technology (IT) intern working for Health Network, Inc. (Health Network), a fictitious health services organization headquartered in Minneapolis, Minnesota. Health Network has over 600 employees throughout the organization and generates $500 million USD in annual revenue. The company has two additional locations in Portland, Oregon and Arlington, Virginia, which support a mix of corporate operations. Each corporate facility is located near a colocation data center, where...
The cost formulas for Swan Company's manufacturing overhead costs are given below. The costs cover a...
The cost formulas for Swan Company's manufacturing overhead costs are given below. The costs cover a range of 20,000 to 40,000 machine-hours. Overhead Costs Cost Formula utilities $20,600 plus $0.10 per machine-hour maintenance $40,000 plus $1.60 per machine-hour supplies $0.30 per machine-hour indirect labor $130,000 plus $0.70 per machine-hour depreciation $70,000 Required: Prepare a flexable manufacturing overhead budget assuming a budgeted level of activity of 30,000 machine-hours. Include all costs in your flexable budget. Per Unit Total Variable Costs: _________...
Question 1: Make or buy Note, the fixed costs are unavoidable. An outside supplier has offered...
Question 1: Make or buy Note, the fixed costs are unavoidable. An outside supplier has offered to sell Coleman Company the grills at $22 per unit.Coleman Company manufactures the grills for high end outdoor camping stoves and produces 18,000 units per year. The grills, used in a few different products that Coleman Company produces has the following information: Per Unit Direct Materials $8.00 Direct Labour 5.00 Variable Overhead 7.00 Fixed Overhead 6.00 Unit Cost $26 a) Complete the make or...
________ is the risk to the firm of being unable to cover fixed financing costs
________ is the risk to the firm of being unable to cover fixed financing costsa. total riskb. business riskc. Financial riskd. diversification riskOptimal capital structure decisions can lower the cost of capital resulting in higher npv's and more acceptable projects thereby increasing the value of the firm.TrueFalse
Scenario Analysis We are evaluating a project that costs $1,160,000, has a ten-year life, and has...
Scenario Analysis We are evaluating a project that costs $1,160,000, has a ten-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 44,000 units per year. Price per unit is $45, variable cost per unit is $20, and fixed costs are $645,000 per year. The tax rate is 35 percent, and we require a 20 percent return on this project. Suppose the projections given for price,...
A project has the following estimated data: price = $75 per unit; variable costs = $29.25...
A project has the following estimated data: price = $75 per unit; variable costs = $29.25 per unit; fixed costs = $5,200; required return = 9 percent; initial investment = $9,000; life = seven years. Ignore the effect of taxes. a. What is the accounting break-even quantity? 142 114 170 156 135 b. What is the cash break-even quantity? 114 142 108 91 103 c. What is the financial break-even quantity? 153 184 168 138 122 d. What is the...
Looking at the opportunity offered due to the current and post COVID19 scenario, conduct a competitive...
Looking at the opportunity offered due to the current and post COVID19 scenario, conduct a competitive analysis for a web-based video conferencing tool in India mainly for eLearning and business collaboration.
Case Scenario: A 75-year-old man in long term care. He has been bedbound for longer than...
Case Scenario: A 75-year-old man in long term care. He has been bedbound for longer than six months. His history shows he has cardiac and circulatory problems, exacerbated by his lack of activity. Question: What is the biggest problem someone with these issues faces? Include in your answer specific facts, data, examples, and other information drawn from your textbook and at least one other supplemental source.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT