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700322 Decision Making for Business

Question

Answered

Questions:

Background

You are the manager of a small business – a café – that has just installed Microsoft Excel on its office computer with the objective of organising its record-keeping functions. All the files have been saved in a common location, but the information is scattered and disorganised. Help the business to organise its data efficiently into one Excel workbook.  

Q1 – Supplies Order

The café ordered barista supplies from a supplier and needs to track which order is coming in when, and also the total costs.

Expected

Delivery Date

Items  Ordered

Cost per Item

Quantity Ordered

05/09/2021

Milk Jugs

$39.00

12

17/09/2021

Barista Coffee Tamper

$49.95

9

01/09/2021

Coffee Thermometer

$10.90

15

19/09/2021

60 ml Espresso Measure Glass

$9.95

17

Required

  • Create the following table in Excel and populate the columns and rows using the data provided in the question and your own answers where required.

Q1 - Supplies Order

Expected Delivery Date

Items  Ordered

Cost per Item

Quantity Ordered

Total Cost per item

  • Calculate the total cost per item in the 5th column
  • Ensure that you keep all Excel formulas used in the calculation(s).
  • Insert a filter in the 2ndtop row and sort the table from ‘oldest to newest’ expected delivery date.
  • Round your answers to 2 decimal places using the rounding function in Excel and insert $ signs where appropriate.

Question 2 – Credit Purchases

The café has just purchased several items on credit. This means they will pay for the cost in instalments over the next few years. The manager need to work out an equal monthly payment for each of the items purchased. Assume no interest is paid.

The items purchased are as follows:

  • Coffee grinder, which costs $ 5,400 and will be paid off in 15 months.
  • Ice machine, which costs $1,976.75 and will be paid off in 12 months.
  • Furniture (Tables, chairs, & stools), which cost $9,000 and will be paid off in 18 months.
  • Three-compartment sink, which costs $990 and will be paid off in 9 months.
  • Espresso machine which costs $8,999 and will be paid off in 30 months

Required –

  • Create the following table in Excel and populate the columns and rows using the data provided in the question and your own answers where required

Q2 - Credit Purchases

Item

Cost per item

Payment Period (months)

Monthly payment

 

 

 

 

 

  • Calculate the monthly payment for each item in the last column of your table (2 marks)
  • Ensure that you keep all Excel formulas used in the calculation(s) (1 mark).
  • Insert a filter in the 2ndtop row and sort the table from ‘largest to smallest’ monthly payment

(1 mark).

  • Round your answers to 2 decimal places using the rounding function in Excel and insert $ signs where appropriate

Question 3 – Telephone Sales

The café has 5 operators casually employed to make telephone sales.  

Below is critical information in determining the team’s daily bonus:

  • Sanya has worked 4 hours and made 35 calls.
  • Adam made 21 calls in 3 hours.
  • Nick worked for 2 hour and made 10 calls.
  • Wahid made 26 calls in 4 hours.
  • George made 35 calls in 5 hours.

The daily bonus is calculated as 8.75 times the team’s average number of calls per hour.

For example, if the team averaged 10 calls per hour, then the team will receive a bonus of $(10*8.75) = $87.50.

Required –

  • Create the following table in Excel and populate the columns and rows using the data provided in the question and your own answers where required.

Q3 - Telephone Sales

 

Number of calls made

Number of hours worked

Adam

 

 

Sanya

 

 

George

 

 

Nick

 

 

Wahid

 

 

Team's Total

 

 

Team's average calls per hour

 

Team's daily bonus

 

 

  • Calculate the team’s total number of calls made, and hours worked 
  • Calculate the team’s average calls per hour
  • Calculate the team’s daily bonus
  • Ensure that you keep all Excel formulas used in the calculations
  • Round your answers to 2 decimal places using the rounding function in EXCEL and insert $ signs where appropriate

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