Question

excel for accounting

Buckeye Company sells three products and offers quantity discounts to the customers. Buckeye Company wants you to make a worksheet that will allow the salesperson (the user) to input the item and the quantity of the item that their customer wants to purchase. The worksheet will then calculate a price quote that the salesperson can give to the customer. The three products and the selling price are as follows: Item Unit Price Portable hard drive $99.00 Thumb drive $10.00 Rewritable DVD $1.00 The quantity discount is based on the number of the item purchased. The discount rates are as follows: Quantity Purchased Discount Percentage 0-9 0.00% 10-49 8.00% 50+ 12.00% The price quote must state the item's Unit Price, total price before the discount, the discount percentage, the dollar amount of the discount, and the total price of the order after then discount You MAY use a number for the col-index-num in VLOOKUP.

Answer 1

I've prepared two sheets in a workbook - one for the master data, i.e the unit price of each product and the discount percentages, a second one to calculate the price quote.

The master data looks like this:

с A B 1 Item Unit Price 2 Portable Hard Drive 99 3 Thumb Drive 10 4 Rewritable DVD 1 5 6 Quantity Purchased between 7 0 9 10 49 9 50 Discount Percentage 0.00% 8.00% 12.00% 8

The formulas in the second worksheet are as follows:

It gives the following results in 3 different scenarios:

Quantity 5 А 1 Item 2 Portable Hard Drive 3 4 Unit Price 5 Total Price before discount 6 Discount % 7 Discount Amount 8 9 Total Price =VLOOKUP(A2, Master Data'!$A$2:$B$4,2,0) =B2B4 =IF(B2<=' Master Data'!$B$7,'Master Data'!SC$7,IF(B2<=Master Data'!$B$8,'Master Data'!$C$8,'Master Data'!$C$9)) =B5 B6 =B5-B7

B Quantity 5 A 1 Item 2 Portable Hard Drive 3 4 Unit Price 5 Total Price before discount 6 Discount % 7 Discount Amount 8 9 Total Price 99 495 0.00% 0.00 495.00

B Quantity 35 10 A 1 Item 2 Thumb Drive 3 4 Unit Price 5 Total Price before discount 6 Discount % 7 Discount Amount 8 9 Total Price 350 8.00% 28.00 322.00

B Quantity 75 A 1 Item 2 Rewritable DVD 3 4 Unit Price 5 Total Price before discount 6 Discount % 7 Discount Amount 8 9 Total Price 1 75 12.00% 9.00 66.00

I've also uploaded the spreadsheet here for you:

https://drive.google.com/file/d/146o6egJGkgGlr2wDV8WLgedUg24dot4r/view?usp=sharing

Hope this helps :)