Advanced Spreadsheet Skills

Advanced Spreadsheet
Skills
Microsoft Excel
Computer program used to enter, store, analyze, and

present quantitative data
Creates electronic versions of spreadsheets

- Collection of text and numbers laid out in a grid
Displays values calculated from data

Spreadsheet
A program that allows you to use data to forecast,

manage, predict, and present information.
GETTING STARTED
To open Excel, click the Start button, point to All

Programs, point to Microsoft Office, and then
click Microsoft Office Excel 2010.
Overview of Spreadsheet Programs
Working in a Spreadsheet
To work with a spreadsheet, you enter data in the cells of the

spreadsheet.
• You enter data by clicking a cell and typing the data.

• To replace data in a cell, you click the specific cell and type
the new data.
• To edit data in a cell, you double click in the cell and type
additional data. (Keyboard Short: F2)
Note: when editing data, a blinking cursor appears.
Estimating the Product Cost using
Microsoft Excel
Product Information
Product Name/Brand: Startbuko Organic Milk Tea
Company/Group Name: Starbuko Foods
Corporation
Product Description:
Starbuko Milk Tea is a special milk tea 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:
Starbuko
Organic Milk
Tea
Note: Values with PHP or Philippine Peso sign use
the Accounting Number format. Its default uses the
dollar symbol ($).
- To change this, click the drop-down arrow at the
currency button then select More Accounting
Formats, then change the symbol to PHP.
Starbuko
Organic Milk
Tea
2. Use the SUM formula to get summation of the
values from C4 to C7. The SUM formula is
=SUM(C4:C7). Type this on cell C8 as shown
below:
Starbuko
Organic Milk
Tea
3. Check if our estimated price will earn us profit.
Type the additional information shown below
then apply the arithmetic formula for
subtraction:
Starbuko
Organic Milk
Tea
4. The result is PHP2.20. Our estimated price is
not profitable.
Starbuko
Organic Milk
Tea
Let us make an adjustment. Include the
information below and deduct the Total from the
New Sale Price:
Starbuko
Organic Milk
Tea
5. The result is PHP7.80. This is definitely
profitable at this price. However, this does not
guarantee our product’s success.
Starbuko
Organic Milk
Tea
Analyzing Data using Microsoft Excel
Sample Survey (Food Products)
Raw Survey Results

Sample Survey (Food Products)
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 simple average formula to

determine the average rating of Quality, Taste,
Presentation and Product.
SYNTAX:
=AVERAGE(cells involved)
Example:
Linked to
=F10
Next, determine how many people said YES or NO

if they were satisfied with the product or if they
would recommend it to their friend. For this, we will
use the COUNTIF function.
COUNTIF function Syntax:

=COUNTIF(range, criteria)
Range- the cells where the counting will take place

Criteria- the label or value that determines if it is to
be counted
Example:
If we were to determine if we should sell your

product or service to teachers or students, we can
use the AVERAGEIF function.
Using the AVERAGEIF function, we can average a

range if the cell beside it equals to “teacher” and/or
“student.”
.
AVERAGEIF function Syntax:
=AVERAGEIF(range, criteria, average range)
Range – the range of cells where you want to look

for the criteria
Criteria – a value or label that determines if a cell

is part of the range to be averaged
Average Range (optional) – the actual range of

cells that will be averaged, if omitted, the range will
be used instead
Example:
Based on the result, we can say that teachers

rated the product higher.
In other instances, you may also want to use the

SUMIF function which works similarly to the
AVERAGEIF function, except it gets the
summation rather than the average.
SUMIF function Syntax:

=SUMIF(range, criteria, sum range)
Example:
Example:
You can also use the COUNTA function to count

the number of cells in a range that are not empty.
COUNTA function Syntax:

=COUNTA(value1,value2,...)
Example:

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Advanced Spreadsheet

Computer program used to enter, store, analyze, and

Creates electronic versions of spreadsheets

Displays values calculated from data

A program that allows you to use data to forecast,

To open Excel, click the Start button, point to All

To work with a spreadsheet, you enter data in the cells of the

• You enter data by clicking a cell and typing the data.

Sample Survey (Food Products)

Raw Survey Results

Assuming that we have a huge sample, we have to

Let us start by simple average formula to

Next, determine how many people said YES or NO

COUNTIF function Syntax:

Range- the cells where the counting will take place

If we were to determine if we should sell your

Using the AVERAGEIF function, we can average a

Range – the range of cells where you want to look

Criteria – a value or label that determines if a cell

Average Range (optional) – the actual range of

Based on the result, we can say that teachers

In other instances, you may also want to use the

SUMIF function Syntax:

You can also use the COUNTA function to count

COUNTA function Syntax:

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