ADVANCE SPREADSHEET

SKILLS

By: Faith R. Mayor

Grade 11 HUMSS- HOPE
LESSON OBJECTIVES
At the end of the lesson, the students should be able
to:
• familiarize the most used functions in Microsoft
Excel;
• use several conditional functions available in
Microsoft Excel; and
• use Microsoft Excel as a viable tool in market
research and product development.
ESTIMATING THE PRODUCT COST
USING MICROSOFT EXCEL

Let assume that we

are going to sell a
milktea with the
following
information;
 PRODUCT INFORMATION
Product Name/Brand: Starbuko Organic Milktea
Company/Group Name: Starbuko Foods Corporation
Product Description: Starbuko Milk Tea is a milktea
using organic ingredients especially made for
Filipinos.
Ingredients /Materials: tea,water,condensed
milk,ice, special sweetener
ESTIMATED SALE PRICE : 25 PHP per cup
We will use Microsoft
Excel to find out if our
estimated sale price is
reasonable
considering the actual
price of the
ingredients.
1. Copy the information below;
2.) Use the SUM formula to get the summation
of the values from C4 to C7. The SUM formula
is =SUM(C4:C7). Type this on cell C8 as shown
below;
 3.) Check if our estimated price
will earn us profit. Type the
additional information shown
below then apply the arithmetic
formula for subtraction:
4.) The result is PHP 2.20. Our estimated
price is not profitable. Let us make an
adjustment. Include the information below
and deduct the Total from the New Sale
Price:
5.) The result is PHP 7.80.
This is definitely
profitable at this price.
However, this does not
guarantee our product
success.

6.) Save your file as L4

Cost Ingredients.xlsx.
 Analyzing Data using Microsoft Excel

It is now time for us to collect data

from out target market. In reality,
researchers would also come up
with survey questions before they
release the product. The data they
gathered would help them determine
if the product has any chance of
succeenkding in a target market.
. Figure 1. Raw Survey Results of Starbuko Milk Tea
Survey
OBVIOUSLY THE DATA IS RAW
THINKING THAT WE HAVE A HUGE
NUMBER OF PEOPLE PERSUADE TO
TAKE A SURVEY TO ANALYZE THE
DATAS GIVEN WE CAN USE SUCH
FORMULA TO INTERPRET THE
OUTCOME.
 Tip : To change the orientation of a tect , press Ctrl+1.To
open the Format Cells dialog box> Alignment tab > under
Orientation, specify the degrees you want.
Obviously, this data is raw. Assuming that we have a huge
sample, we have to apply several formulas to be able to easily
analyze the result of this survey.

Let us start by a simple average formula to determine the

average rating of Quality, Taste , presentation, and Product.

The syntax would be = AVERAGE (cells involved).

EXAMPLE :
Using figure 1, determine the average for QUALITY
= AVERAGE (F5:19)
Determine the average for all your criteria and
place them at the bottom of your survey results
similar to the screenshot below :
 CONCLUSION

A spreadsheet is an electronic ledger

commonly used by people in the workplace to
store information and manipulate it to make
informed decisions. The worksheet is divided
into alphabetic columns and numeric rows. One
of the most popular spreadsheet programs is
Microsoft Excel.
 RECOMMENDATION
• Try to use Microsoft Excel in making decisions for your
business
• For most businesses, spreadsheet software is readily
available and often free.
• Microsoft Exce design spreadsheets that better
organize data and provide a better picture of the
information that is input.
Advanced Spreadsheet Skills
Key Terms

r F o r m a ts - a n u m b er fo r m at
Accounting Numbe
th at is u sed fo r acc o u n tin g
w h ich a te x t is d is p la y ed
Oriented - the Angle at s w it h
se d t o c o u n t th e c e ll
Count - a function u
content in a range e
n use d to co m p u te fo r th
Sum - a functio
atio n o f th e n u m b e r o f a r a n ge
summ r th e
n u s ed to c o m p u te fo
Average - a functio
o f th e n u m b er o f a ra n g e .
average
 nc tio n us ed to co un t th e cells w ith sp ec ific
COUNTIF - a fu
content within a range
tio n us ed to co m pu te for th e su m m at io n of
SUMIF - a func
a range if a certain condition is met.
nc ti on u sed to co m pu te fo r th e av er ag e of
AVERAGE - a fu
a range if a certain condition is met.
ng e of ce lls wh er e yo u w an t to lo ok fo r the
Range - the ra
criteria
e or la be l th at de te rm in es if a ce ll is pa rt of
Criteria - a valu
the range to be averaged
erag e R an ge - th e ac tu al ra ng e of ce lls that will be
Av
, if om ited , th e ra ng e w ill be us ed in stead.
averaged
THANK YOU!!