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Insert a function in cell H5 to calculate total vendor cost for the first vendor. If the vendor needs a system compatibility expense, the total
Insert a function in cell H5 to calculate total vendor cost for the first vendor. If the vendor needs a system compatibility expense, the total cost should include that column (system compatibility cost) amount along with their Initial Fee, Software costs and consulting costs. If the vendor does not need a system compatibility expense then do not include that column but do include initial fee, software costs and consulting costs.
A B D E F G H 1 Agribusiness Technology Company External Vendor Costs 2 3 vender System Consulting Compatibility Total Vendor Costs Costs Cost Adjustment 4 Vendor Code 5 1 2 2. 6 2 4 7 3 3 8 4 5 9 5 1 10 6 2 11 7 3 12 8 4 13 9 3 14 10 1 15 11 5 16 17 18 Summary Statistics 19 Number of Vendors: (use a function!) 20 Lowest Total Verdor Cost: 21 Average Total Vendor Cost 22 Maximum Total Vendor Cost: 23 Median Total Vendor Cost: 24 System Compatibility No Yes Yes Yes No No Yes No No No Yes Initial Fee 41000.00 36000.00 35000.00 33000.00 32575.00 48000.00 42500.00 35275.00 28950.00 27652.00 29000.00 Software Costs 3075.00 1440 00 1050.00 2640.00 1628.75 3600.00 1275.00 1411.00 868.50 1382.60 2320.00 25 Adjustment Code 26 1 27 2 28 3 29 4 30 5 31 32 Software Cost Percentage 0.05 0.075 0.03 0.04 0.08 Consulting Cost Percentage 0.3 0.25 0.1 0.15 0.14 System Compatibility Charge 5000 4000 1000 2500 5500Step by Step Solution
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