Question
Month Ads bought Price per ad to Pay Monthly Costs # of ads Price per ad January 14 1 $12,000.00 February 3 6 $11,000.00 March
| Month | Ads bought | Price per ad to Pay | Monthly Costs | |||
# of ads | Price per ad | January | 14 | ||||
1 | $12,000.00 | February | 3 | ||||
6 | $11,000.00 | March | 7 | ||||
11 | $10,000.00 | April | 13 | ||||
21 | $9,000.00 | May | 0 | ||||
June | 25 | ||||||
July | 4 | ||||||
August | 11 | ||||||
September | 0 | ||||||
October | 5 | ||||||
November | 31 | ||||||
December | 16 | ||||||
Total Annual Ads Costs |
A company advertises Microsoft products on a sports telecast. As the company buys more ads, the price of each ad decreases as shown in the following table. For example, if the company buys 8 ads, it pays $11000 per ad, but if the company buys 14 ads, it pays $10000 per ad.
The company keeps a record of last years ads purchased in each month. Please design a spreadsheet workbook to show: (1) what is the price per ad to charge in each month? (2) what is the ads purchasing cost in each month? (3) what is the total annual ads costs?
Requirements:
- Give an appropriate range name to the ads price table, and paste the range name.
- Use appropriate functions to retrieve the right price per ad for the number of ads that the company has bought in each month of the last year.
- Use appropriate functions to calculate the monthly ads costs and total annual ads costs.
- Use IFERROR function to avoid the error message.
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