Computer · MS Excel
A company uses a spreadsheet package to produce budgets for its long-established product. An extract from the spreadsheet shows the following data: Row 3: January (Cell C3), February (Cell D3), March (Cell E3) Row 5: Sales (units) -> January: 5000 (Cell C5), February: 6000 (Cell D5) Row 6: Production (units) -> January: Cell C6 It is company policy to always maintain finished goods inventory at a level equal to 30% of the next month's forecast sales. Production for any month is calculated as: Sales + Closing Inventory - Opening Inventory. Which of the following is a correct Excel formula for cell C6?
- 1=C5+(D5-C5)0.3✓
- 2=C5+C50.3-0.7D5
- 3=1.3C5-D50.3
- 4=5000-60000.3+50000.3
Correct answer
=C5+(D5-C5)0.3
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