In this exercise, you will compile summary data based on an inventory listing for Zeke's Hardware. $($File attached$).$ Then you will determine the inventory balance for a product category using three methods, and you will create a PivotTable based on this inventory listing.

Use one of Excel's built$-$in functions to enter the total number of product categories in an appropriate location. For each product category, use functions to en the total number of years for which an inventory balance is displayed $($include zero balances$)$ and the average, maximum, and minimum inventory balances i appropriate locations. Then, use a function to enter the total inventory for each of the five years in the appropriate locations.

Determine the fifth$-$year inventory balance for sanding accessories using the LIFO, FIFO, and weighted average methods. Use formulas to determine the inventory balance under each. Ensure that the calculations are entered in appropriate locations on the Sanding Accessories tab; label the calculations. Enter the LIFO inventory balance on the Inventory Listing tab as appropriate.

Last, create a PivotTable that displays the Year, $1$ inventory balances for products in departments $1A,2B,$ or $3C$ and with internal classifications of Yellow or Blue. Label the new worksheet tab appropriately and use slicers to create the PivotTable. Create a PivotChart displaying the results of the PivotTable, using appropriate labeling and formatting throughout. Position the PivotChart and slicers in a logical manner.