#8 Portfolio Assignment: Using Excel to Figure Unit Cost

Unit Cost is equal to the Cost per can divided by the size of the can or
Unit Cost = Cost per can/Size of can Unit Cost = B2/B3

Click cell B4 and type =

Click on cell B2 to select

Type / to indicate division

Click on Cell B3 to Select =B2/B3 tells the program to take the value in B2 and divide by the value in B3

To complete the equation, press Enter on your keyboard.

#8 Portfolio Assignment: Using Excel to Figure Unit Cost

An easy way to transfer the equation to the other cells is to click on the bottom right-hand corner of B4 and hold

The same equation is used in cell C4 and D4

Drag across cell C4 and D4 and release The values in row 4 are rounded off the nearest cent. Highlight those cells To change the formatting of the numbers in the selected cells, right click and select format cells. Choose 3 decimal places

Assignment: Figure the unit cost for three different products. Compare three brands/sizes for each. Show your comparison on a chart. Use Excel to figure out which of the three items is the best buy.