Question
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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