yellow spreadsheet yo hoowey
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Unit 8.4_Lesson 3_CD Resource 3b_Tour spreadsheet with VAT Smart Learning Ltd
Tour spreadsheet with VAT
Revenue Price VAT Price inc VAT Unit salesTicket sales £12.00 £2.40 £14.40 300 £4,320.00Single sales £2.00 £0.40 £2.40 200 £480.00
T-shirts £15.00 £3.00 £18.00 150 £2,700.00Total revenue £7,500.00
Costs Cost per unit VAT Cost inc VAT No. of unitsVenue hire £750.00 £150.00 £900.00 1 £900.00
Travel, hotel and food £650.00 £130.00 £780.00 1 £780.00Advertising £700.00 £140.00 £840.00 1 £840.00
T-shirts £8.50 £1.70 £10.20 150 £1,530.00Total costs £2,108.50 £421.70 £2,530.20 153 £4,050.00
VAT rate= Profit / Loss £3,450.0020.0%
Task - Using the correct formulas, functions and absolute cell referencing in the orange boxes, complete spreadsheet model above.
Total Revenue inc VAT
Total Cost inc VAT
Extension - Take a screenshot of the above model and explain a) What an absolute cell reference is and b) What the advantages of using an absolute cell reference are in the above model