exploring_e06_grader_h2_House_LastFirst (answer)

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06_grader_h2_House_LastFirst-%28answer%29
EXP ECH06 H2 - Housing Construction Cost Variables 1.1
Project Description:
Your friends, Elijah and Valerie Foglesong, want to build their dream house. They identified
tentative costs, but they cannot afford the $414,717 estimated cost. You will use Goal Seek
to determine an estimate of the total finished square footage they can afford. To help provide
more flexibility in their decision-making, you will create a data table listing various finished
square footages and their effects on the base house cost and total cost. Finally, you will
create another data table showing combinations of square footages and lot prices to identify
total costs.
Instructions:
For the purpose of grading the project you are required to perform the following tasks:
Step Instructions Points
Possible

1 Start Excel. Open ​exploring_e06_grader_h2_House.xlsx
0.000
and save the workbook
as​exploring_e06_grader_h2_House_LastFirst​.
2 Use Goal Seek to determine the total finished square
12.000
footage to meet the total cost goal of $350,000.
3 Enter a series of total square footages ranging from
12.000
1,800 ​to​3,600 ​in increments of​ 200​ in the range D6:D15.
Apply Blue font and Comma Style with zero decimal
places to the series.
4 Enter a reference to the base house price in cell E5 and
12.000
a reference to the total estimated cost in cell F5.
5 Complete the data table using the appropriate input cell.
12.000
Apply custom number formats to display ​Base Cost ​in
cell E5 and ​Total Cost ​in cell F5. Apply Blue font, bold,
and center formats to these headings.

6 Identify the square footage, base price, and total cost in
8.000
the data table that comes closest to their goal. Apply
Blue, Accent 1, Lighter 40% fill color to those cells.
7 Copy and paste the square footage substitution values
12.000
in Table 1 to the range H6:H15. Remove the fill color.
Enter these lot price substitution values in the range
I5:K5: ​90000​,​96000​, and ​102675​, respectively. Format
these values with the Accounting Number Format with
zero decimal places and Blue font.
8 Enter the reference to the total estimated cost in the
12.000
appropriate location for the second data table. Apply a
custom number format to display ​Total Sq Ft ​in that
cell. Apply Blue font and bold to that cell.
9 Complete the second data table using the appropriate
10.000
input cells. Apply Blue, Accent 1, Lighter 40% fill color to
the total price in each column that comes closest to their
goal.

10 Format results in both tables with Accounting Number
10.000
Format with zero decimal places.
11 Save the workbook. Close the workbook and exit Excel.
0.000
Submit the workbook as directed.
Total Points 100.00
0