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38 ME 81, mmi Suppose that a company offers quantity discounts. If up to 1,000 units are purchased, the unit price is $12; if more
38 ME 81, mmi Suppose that a company offers quantity discounts. If up to 1,000 units are purchased, the unit price is $12; if more than 1,000 and up to 5,000 units are purchased, the unit price is $9.50; and if more than 5,000 units are purchased, the unit price is $6.50. Develop an Excel template using the VLOOKUP function to find the unit price associated with any order quantity and compute the total cost of the order. D Purchase Quantity Unit Price 11 to 1000 5000 123 SUB 1001 5001 5 6 Quantity Ordered 7 4 to or more 2500 Unit Price =VLOOKUP(B6,$A$2:$D4,4,1) Total Cost B8 86 8 9
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