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Project Sections Section I: Sales Forecasting (Spreadsheet Only) Create an Excel spreadsheet for sales forecasting. The spreadsheet should clearly show the forecasting/projected total sales and

Project Sections

Section I: Sales Forecasting (Spreadsheet Only)

Create an Excel spreadsheet for sales forecasting. The spreadsheet should clearly show the forecasting/projected total sales and other necessary elements explaining how the total sales are calculated. Build the spreadsheet based on the data below.

  • Your facility is the multi-purpose stadium in Charlotte, NC.
  • The stadium hosts various sport and cultural events annually.
  • The events and the expected attendance are illustrated in the table below.
  • You manage the concession stands in the stadium.
  • Based on the last five years data, per capita spending for each type of event is projected as follows:
    • Pro football: $21.00
    • College football: $9.50
    • Professional baseball: $9.25
    • College baseball: $7.50
    • Concert: $16.00
    • Rentals: $9.00

Type of Event

Number of Events

Average Attendance

Professional Football

10

65,000

College Football

6

40,000

Professional Baseball

40

22,000

College Baseball

15

15,000

Concerts

5

55,000

Rentals

1

24,000

Section II: Cost of Sales (Spreadsheet Only)

Create an Excel spreadsheet for the cost of sales. The spreadsheet should clearly show the total cost of sales for all items as well as the cost of sales for each item. This spreadsheet should also include all necessary elements explaining how the total cost of sales is calculated. Build the spreadsheet based on the data. Items, percentage of sales, and product cost are summarized below.

Product Line

% of Sales

Product Cost %

Hot Dogs

19%

22%

Pizza

5%

30%

Soft Drinks

24%

12%

Draft Beer

28%

17%

Hot Drinks

2%

18%

Nacho Chips

7%

28%

Popcorn

4%

16%

Peanuts

4%

20%

Ice cream

2%

21%

Others

5%

23%

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