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?Provide a data file?
ansrsource: The required data is provided below the question and we have been following this for all the completed chapters till date.
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Provide a data file?
ansrsource: The required data is provided below the question and we have been following this for all the completed chapters till date.
The manager would like to know the profit gained in this month. There are several ways to get this information from the given data set. One way is to use the SUMPRODUCT function.
The SUMPRODUCT function returns the sum of the products of elements in a set of arrays. The general form of the function is
=SUMPRODUCT(array₁, [array₂], [array₃], …)
Use this SUMPRODUCT function to find the profit earned by the showroom in a month.
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