exploring_e06_grader_h2_House_LastFirst (answer)
EXP ECH06 H2 - Housing Construction Cost Variables 1.1
EXP ECH06 H2 - Housing Construction Cost Variables 1.1
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EXP ECH06 H2 - Housing Construction Cost Variables 1.1<br />
Project Description:<br />
Your friends, Elijah and Valerie Foglesong, want to build their dream house. They identified<br />
tentative costs, but they cannot afford the $414,717 estimated cost. You will use Goal Seek<br />
to determine an estimate of the total finished square footage they can afford. To help provide<br />
more flexibility in their decision-making, you will create a data table listing various finished<br />
square footages and their effects on the base house cost and total cost. Finally, you will<br />
create another data table showing combinations of square footages and lot prices to identify<br />
total costs.<br />
Instructions:<br />
For the purpose of grading the project you are required to perform the following tasks:<br />
Step Instructions Points<br />
Possible
1 Start Excel. Open <strong>exploring</strong>_<strong>e06</strong>_<strong>grader</strong>_<strong>h2</strong>_<strong>House</strong>.xlsx<br />
0.000<br />
and save the workbook<br />
as<strong>exploring</strong>_<strong>e06</strong>_<strong>grader</strong>_<strong>h2</strong>_<strong>House</strong>_<strong>LastFirst</strong>.<br />
2 Use Goal Seek to determine the total finished square<br />
12.000<br />
footage to meet the total cost goal of $350,000.<br />
3 Enter a series of total square footages ranging from<br />
12.000<br />
1,800 to3,600 in increments of 200 in the range D6:D15.<br />
Apply Blue font and Comma Style with zero decimal<br />
places to the series.<br />
4 Enter a reference to the base house price in cell E5 and<br />
12.000<br />
a reference to the total estimated cost in cell F5.<br />
5 Complete the data table using the appropriate input cell.<br />
12.000<br />
Apply custom number formats to display Base Cost in<br />
cell E5 and Total Cost in cell F5. Apply Blue font, bold,<br />
and center formats to these headings.
6 Identify the square footage, base price, and total cost in<br />
8.000<br />
the data table that comes closest to their goal. Apply<br />
Blue, Accent 1, Lighter 40% fill color to those cells.<br />
7 Copy and paste the square footage substitution values<br />
12.000<br />
in Table 1 to the range H6:H15. Remove the fill color.<br />
Enter these lot price substitution values in the range<br />
I5:K5: 90000,96000, and 102675, respectively. Format<br />
these values with the Accounting Number Format with<br />
zero decimal places and Blue font.<br />
8 Enter the reference to the total estimated cost in the<br />
12.000<br />
appropriate location for the second data table. Apply a<br />
custom number format to display Total Sq Ft in that<br />
cell. Apply Blue font and bold to that cell.<br />
9 Complete the second data table using the appropriate<br />
10.000<br />
input cells. Apply Blue, Accent 1, Lighter 40% fill color to<br />
the total price in each column that comes closest to their<br />
goal.
10 Format results in both tables with Accounting Number<br />
10.000<br />
Format with zero decimal places.<br />
11 Save the workbook. Close the workbook and exit Excel.<br />
0.000<br />
Submit the workbook as directed.<br />
Total Points 100.00<br />
0