Spreadsheets - Profit and loss (Excel)


Learning Intention: Can I create a spreadsheet to help with finances?

Success Criteria:

I can download a spreadsheet and understand how to format

I can insert the shop data

I can create formulas to calculate the total costs

I can create graphs that show this information

I can download a spreadsheet and understand how to format

Your teacher will show you how to create a spreadsheet like this:

Tools you will use next week when you create your own: 

BORDERS

Cell Colour

I can insert the shop data + I can create formulas to calculate the total costs


You can just type numbers into a spreadsheet


If you want it to do Maths you have to put in a formula - Every formula starts with an = sign

FIXED COSTS + Formulas

FIXED COSTS - A cost that is the same each week

Website cost = 50 per week

Adverts = 30 per week

Formula answers


VARIABLE COSTS + Formulas

Variable Costs - A cost that changes depending on how many products you buy or sell

Standard FS = 3

Flashing FS = 5


FS Sold

Week 1: 8 Standard  &  4 Flashing


Week 2: 6 Standard  &  5 Flashing


Week 3: 10 Standard  &   5 Flashing


Week 4: 7 Standard  &  7 Flashing

Formula answers

Total Variable costs:


Can you work out what formulas you need to put into the totals?

Formula answers


Finished Spreadsheet - Results

Finished Spreadsheet - Formulas

Extension - Making a graph

I can create graphs that show this information

Step 1: Highlight the weeks and the weekly total costs

(Highlight the weeks and then hold CTRL and highlight the weekly costs)


Step 2: Click on Insert and then Column Chart

(See picture below for help)

Rename the chart: Weekly  Costs