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The Selling Price of Each Product Sold in a Furnishing

Question 55

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The selling price of each product sold in a furnishing showroom, and the number of units of each of these product sold during a period of one month are given below. The rental cost of the showroom is $225 and the other costs incurred are included in the cost/unit.  Product code  Price/Unit($)  Cost/Unit($)  Units  AD12 232162.412 FD23 334233.824 BD34 342239.45 AG56 267186.911 ET76 345241.515 FA56 235164.523 DE78 546382.234 BF32 245171.522\begin{array} { | c | c | c | c | } \hline \text { Product code } & \text { Price/Unit(\$) } & \text { Cost/Unit(\$) } & \text { Units } \\\hline \text { AD12 } & 232 & 162.4 & 12 \\\hline \text { FD23 } & 334 & 233.8 & 24 \\\hline \text { BD34 } & 342 & 239.4 & 5 \\\hline \text { AG56 } & 267 & 186.9 & 11 \\\hline \text { ET76 } & 345 & 241.5 & 15 \\\hline \text { FA56 } & 235 & 164.5 & 23 \\\hline \text { DE78 } & 546 & 382.2 & 34 \\\hline \text { BF32 } & 245 & 171.5 & 22 \\\hline\end{array} Display your use of the SUMPRODUCT function and find the profit earned by the showroom in a month.

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