Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please, help me with the excel assignment . show how to enter the formula in excel cel assignment Casa Grande Resort & Spa Profit Center
Please, help me with the excel assignment . show how to enter the formula in excel
cel assignment
Casa Grande Resort & Spa Profit Center Analysis of Indirect Expenses Banquet Room Business Restaurant Center Conference Rooms Spa Lounge Total Net Revenue Cost of Sales Direct Expenses $78,865.00 $ 492,800.00 $ 486,725.00 $ 592,500.00 $ 225,125.00 $ 196,475.00 36,715.00 136,500.00 106,500.00 325,600.00 14,750.00 152,975.00 53,890.00 252,975.00 14,790.00 8,435.00 Indirect Expenses Administrative Depreciation Energy Insurance Maintenance Marketing Total Indirect Expenses Net Income Square Footage 5100 8800 6000 900 Planned Indirect Expenses Administrative 2500 $72.500.00 Gift Shop $ 88,450.00 45,125.00 37,000.00 22,475.00 31,800.00 5700 750 Children's Game Room $ 19,450.00 8,650.00 6,940.00 1200 Total Administrative $72,500.00 Depreciation $61,250.00 $46,000.00 Energy Insurance $12,500.00 Maintenance $26,000.00 Marketing $52,250.00 Name: AyadMaged |||||||||||| Instructions Use the Planned Indirect Expenses provided in the cells B19:B24 to calculate the following indirect expenses: a. Spa Administrative (B8) = Administrative Expenses * Spa Total Net Revenue / Resort Total Net Revenue b. Spa Depreciation (B9) = Depreciation Expenses * Spa Square Footage / Total Square Footage c. Spa Energy (B10) = Energy Expenses * Spa Total Net Revenue / Resort Total Net Revenue d. Spa Insurance (B11) = Insurance Expenses * Spa Square Footage / Total Square Footage e. Spa Maintenance (B12) = Maintenance Expenses * Spa Square Footage / Total Square Footage f. Spa Marketing (B13) = Marketing Expenses * Spa Total Net Revenue / Resort Total Net Revenue g. Spa Total Indirect Expenses (B14) = SUM(B8:B13) h. Spa Net Income (B15) = Revenue - (Cost of Sales + Direct Expenses + Total Indirect Expenses) i. Use the concept of absolute reference we learn in chapter 3 to modify some cell references in column B, then use the fill handle to copy the range B8:B15 to the range C8:115 j. AutoSum the totals for Column J, where appropriate k. Format the number as it deems appropriate (i.e., any appropriate formats will be accepted)Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started