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having troubles with this excel problem, I would need a step-by-step guide to solve it please. Indy Deck Builders B Model Manufacturing Cost Selling Price

having troubles with this excel problem, I would need a step-by-step guide to solve it please.
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Indy Deck Builders B Model Manufacturing Cost Selling Price Profit Margin Existing Contracts Total Contracts Raw Material Recured Per Model Wood A $ 566 255 $ 2,000.00 $ $ 1.433.75$ 45 5 6 7 B 9 B 328.75 $ 3,500.00 2,67125$ 55 A 200 1.25875 5,000.00 3,74125 75 0 3:0 20 135 C 500 95 150 Paint 100 10 Total Units Consumed Raw Material Consumed Raw Material Wood Hardware Paint A Cost Per Unit Units in Inventory $ 2.00 70000 $ 0.75 20000 $ 1.25 35000 0 Wood Hardware Paint 0 0 0 0 A 11 12 12 14 15 16 17 18 19 20 21 Model Building Expense Total Profit Total Building Expense Total Profit Net Profit 23 22 28 29 30 31 32 33 Deck Builders Exp19_Excel_Ch06_ML2_Deck_Builders o Project Description: You are the business manager for Indy Deck Builders, a local construction company that specializes in new deck installation Your company offers three deck models Model A which costs $2.000, model costs $3.500, and model costs $5.000 You currently have 45 contracts to build model A 55 for models, and 75 for model C Once the contracts have been completed you will have a surplus of materials (wood hard-ware, and paint) remaining in inventory Aer expenses your company's net profit is $402.03125 You would like to use Solver to forecast how many additional contracts you can accept to mandimize proft while not exceeding the raw materials in inventory Steps to Perform: Points Step Instructions Possible 1 0 2. 8 3 4 6 5 4 6 Start Excel. Download and open the file named EXP19 Excel_CHO_ML2_HW_DeckBuilders als Grader has automatically added your last name to the beginning of the filename Calculate total building expensive for model Ain cell C16. Total expense is calculated by multiplying manufacturing cost (C4) and total contracts (C8). Then use the handle copy the formula into cells 16 and E16 Calculate total profit for model A in cell C17. Total profit is calculated by multiplying profit marging (C) and total contracts (C8Then use the fill handle to copy the formula into cells D17 and 17 Create range names based on the values in the range C19 C20 based on the values in the range B19 B20 In cel C19 use the Sum function to calculate total building expenses. The total building expenses are the sum of the range C16 E16 In cel C20 use the SUM function to calculate total profits. The total peott is the sum of the range C17 E17 It not loaded, load the Solver add-in Set the objective cell to Max Piet Piet (cel C21) Assign Total Contracts range C8 ES) as the Changing Variables Con Set a constraint to ensure contracts are whole numbers Set a constraint to ensure the raw material used do not exceed Inventory Set a constraint to ensure that the Total Contracts are greater or equal to the sing contracts Create an Answer Report to outline your findings Create a footer with your name on the left side, the sheet name code in the center, and the te name code on the night side of both worksheets Save and close Exp19 Ercel_CHOE ML2 HW_DeckBuilders Xbox Ext Excel Submit the file as directed Total Points 7 10 14 9 4 10 4 18 12 15 13 D 14 100 TE d

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