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    January Sales 100,000 Sales Growth Rate 2% Selling Expense Ratio 60% General Expenses 19,000

    Uploaded by

    Gerry Sajol
    The document provides data and instructions for an estimator preprogrammed problem. The data includes January sales of $100,000 and a sales growth rate of 2%. It also includes a selling expense ratio of 60% and general expenses of $19,000. The instructions ask to write formulas to calculate: [1] February sales using a 2% growth rate; [2] selling expenses using the 60% ratio; [3] total expenses; and [4] net income using sales and expenses. It also asks questions about the values that would result from the correct formulas.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    January Sales 100,000 Sales Growth Rate 2% Selling Expense Ratio 60% General Expenses 19,000

    Uploaded by

    Gerry Sajol
    342 views3 pages
    The document provides data and instructions for an estimator preprogrammed problem. The data includes January sales of $100,000 and a sales growth rate of 2%. It also includes a selling expense ratio of 60% and general expenses of $19,000. The instructions ask to write formulas to calculate: [1] February sales using a 2% growth rate; [2] selling expenses using the 60% ratio; [3] total expenses; and [4] net income using sales and expenses. It also asks questions about the values that would result from the correct formulas.

    Original Description:

    Exam Problem AIS

    Original Title

    Exam_Problem_1

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    The document provides data and instructions for an estimator preprogrammed problem. The data includes January sales of $100,000 and a sales growth rate of 2%. It also includes a selling expense ratio of 60% and general expenses of $19,000. The instructions ask to write formulas to calculate: [1] February sales using a 2% growth rate; [2] selling expenses using the 60% ratio; [3] total expenses; and [4] net income using sales and expenses. It also asks questions about the values that would result from the correct formulas.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    342 views3 pages

    January Sales 100,000 Sales Growth Rate 2% Selling Expense Ratio 60% General Expenses 19,000

    Uploaded by

    Gerry Sajol
    The document provides data and instructions for an estimator preprogrammed problem. The data includes January sales of $100,000 and a sales growth rate of 2%. It also includes a selling expense ratio of 60% and general expenses of $19,000. The instructions ask to write formulas to calculate: [1] February sales using a 2% growth rate; [2] selling expenses using the 60% ratio; [3] total expenses; and [4] net income using sales and expenses. It also asks questions about the values that would result from the correct formulas.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
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    ESTIMATOR

    Preprogrammed Problem

    Data Section:

    January Sales 100,000


    Sales Growth Rate 2%
    Selling Expense Ratio 60%
    General Expenses 19,000

    Task Section:

    Jan Feb Mar Apr May


    Sales Task#1 Task#2
    Expenses
    Selling Expenses Task#3
    General Expenses Task#4
    Total Expenses Task#5
    Net Income Task#6
    Instructions:
    Task#1 Write a formula that tells the program to use the value found in Cell D7 as January Sales.

    Task#2 Write a formula that will calculate February sales as a 2% increase over January sales.

    Task#3 Write a formula that will calculate Selling Expenses based on Selling Expense Ratio.

    Task#4 Write a formula that tells the program to take the value in cell D10 and place it in cell B18.

    Task#5 Write a formula that will compute the total expenses based on selling expenses and General E

    Task#6 Write a formula that will compute the Net income based on Sales and Total Expenses.

    Legend: Cells highlighted with this color means you need to input a formula get the value
    Cells highlighted with this color means you need to replicate/modify the formula from cells
    highlighted with purple color to get the value.

    Q#1 Task#1
    Q#2 Task#2
    Q#3 Task#3
    Q#4 Task#4
    Q#5 Task#5
    Q#6 Task#6
    Q#7 After inputting the correct formula, what should be the value of cell C20?
    Q#8 What should be the correct formula to get the value of selling expenses for May?
    Q#9 What should you put in cell E18 to get it's value?
    Q#10 After inputting the correct formula, what should be the value of cell D19?
    Q#11 What should be the correct formula to get the value of sales for March?
    Cell D7 as January Sales.

    se over January sales.

    lling Expense Ratio.

    D10 and place it in cell B18.

    selling expenses and General Expenses.

    es and Total Expenses.

    ula get the value


    modify the formula from cells
    e value.

    xpenses for May?

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