You have recently been elected social coordinator for your University’s student government association. As part of your duties, you are required to plan an annual scholarship dinner. The dinner is a fundraiser in which the proceeds are used to fund scholarships. You will perform What-If Analysis to calculate the budget information required for the event to be successful.
Start Excel. Download and open the file named Exp19_Excel_Ch06_HOEAssessment_ScholarshipDinner.xlsx. Grader has automatically added your last name to the beginning of the filename.
Create range names based on the left columns in the ranges A4:B9, A20:B20, and A30:B30.
Edit the named range of_Guests_Using_Valet to Guests_Using_Valet.
Enter a formula in cell B27 using Named Ranges to calculate projected cost of catering. The cost of catering is the cost per meal * the total number of tickets sold.
Enter a formula in cell B28 using Named Ranges to calculate total cost for room setup.