COD Inventory Assignment
Follow the steps below. Ask the instructor should you have any question.
1. Open Excel. Save the workbook as “COD Inventory by YourLastName YourFirstName.xlsx” on
your O: drive.
2. Change the sheet name to Template. As the name indicates, you will use this sheet as a
template for other sheets (or departments) such as Produce and Dry Goods.
3.
4. Enter the following headings and appropriate formatting.
For example:
a.
Bold and Calibri 12 font
b. thick border
c. Use the Wrap Text
tool under the Home tab or
ALT+Enter to enter two lines in one cell, Middle Align.
CT: Faculty Web/MIC102eCA/Assignments/Assignment7/COD.docx
5. Format C3 (Unit Cost), E3, and G3 (Beginning and Ending Total Cost), as Currency with 2 decimal
places. How? Select each cell  Home tab  Number toolbox
 Currency.
6. In cell E3, enter a formula as shown below.
 Number tab
7. In cell G3, enter a formula as: =C3*(D3-F3).
Why? (D3-F3) gives the amount you used. E.g. you purchase 100 lbs (D3) of apple at $2 (C3) per
pound. At the end, you have 10 lbs (F3) left. So, you used 90lbs of apple which gives the total
cost of $180 (G3).
8. Autofill the both formulas to row 12 as shown below:
9. In row 13, enter formulas for totals of Beginning and Ending Total Costs. E13 =SUM(E3:E12),
G13 =SUM(G3:G12).
CT: Faculty Web/MIC102eCA/Assignments/Assignment7/COD.docx
10. Format row 13 as:
11. Enter a few items to test the formulas. E.g. Apple, Lbs, $2.00, 100 (for Begin Inv. Amount), and
10 (for Ending Inv. Amount). Total Cost should be $180.
12. Once you confirm that your formula are correct, delete the items. Save the workbook. Now you
have created a template that you can use for other sheets (or departments).
13. Copy and paste the template onto another sheet for a department. How?
Select the entire workbook by clicking on the button between the column and row heading. Or
Ctrl+”A”.
Continue on to the following steps:
14.
15.
16.
17.
18.
19.
20.
Copy the sheet. Click the copy button
or Ctrl + “C”
Double-click on Sheet 2 tab. Change the sheet name to Produce. Enter.
Click on cell A1 of the Produce sheet.
Paste the copied sheet on the Produce sheet by clicking on the Paste button or Ctrl + “V”.
Take the same steps to make Dry Goods sheet/department.
In each department sheet (Produce and Dry Goods), enter a few items.
Create Summary sheet showing the totals of each department (Produce and Dry Goods).
How to show the values from other sheets?
a. Click on the cell you want to display the value/data on the Summary sheet.
b. Enter “=” sign
c. Click on the tab of the sheet containing the value. E.g. Produce.
d. Click on the cell containing the value. Examine the formula bar. You should see the
formula automatically created (e.g. =Produce!G13).
e. Press Enter (Do not click on the Summary tab before Enter)
f. Go back to the Summary sheet, you should see the value in the cell.
CT: Faculty Web/MIC102eCA/Assignments/Assignment7/COD.docx
g. At the end, it could look like:
The final outcome could be:
CT: Faculty Web/MIC102eCA/Assignments/Assignment7/COD.docx
CT: Faculty Web/MIC102eCA/Assignments/Assignment7/COD.docx