Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Daily Charge is determined by using the Room Number and Rate Code to look up the value in the DailyChg worksheet. Use the XLOOKUP()

The Daily Charge is determined by using the Room Number and Rate Code to look up the value in the DailyChg worksheet. Use the XLOOKUP() function with a nested XLOOKUP() function to find the correct daily charge and display it in column I of the Reservation worksheet.

• Use the IFS function to determine the seating surcharge (column K) based upon the value in column H. The seating codes are CI, CL, LE, and US. The CI seating style costs an additional $50, CL is the standard – for which there are no additional charges, LE is an upcharge of $125, and the US costs an additional $200. Don’t hardcode the values in the function, but rather, create an input area on the DailyChg worksheet.

• Calculate the Reservation’s Total Charges using the formula of Daily Charge * Booked days + Seating Surcharge.

1 23 45 67 89 10 11 12 ARoom# Meeting Room AL Alabama AU Auditorium BD Boardroom CA California CF Conference Center CO C1 - ~ M 23 45 67 89 10 11 12 AB сReservation Room Customer Number Number Number R0010 AL C0001 C0001 R0010 R0011 C0002  

1 2 3 4 5 6 7 8 9 10 11 12 B A Room# Meeting Room AL Alabama AU Auditorium BD Boardroom CA California CF Conference Center CO Colorado FL Florida GA Georgia D Megan Davis Convention Center Daily Meeting Room Rates AD ST $450.00 $600.00 $918.75 $1,225.00 $412.50 $550.00 $487.50 $650.00 $975.00 $1,500.00 $468.75 $625.00 $450.00 $600.00 $431.25 $575.00 E SP $390.00 $735.00 $330.00 $422.50 $900.00 $375.00 $390.00 $431.25

Step by Step Solution

3.42 Rating (149 Votes )

There are 3 Steps involved in it

Step: 1

Answer Font N Alignment Number N fx INDEXN4R12MATCHB5N4N12MATCHD5N4R4 A B D E F G H J MEGAN DAVIS CO... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting

Authors: William K. Carter

14th edition

759338094, 978-0759338098

More Books

Students also viewed these Accounting questions