Sparkles Dessert Excel Assignment

Online tutoring services

Need help with this question or any other Information Technology assignment help task? Click on the button below to to hire an expert cheap.

It is an excel assignment that I need completed for a class i need an A in. The goal is to fill out the excel spreadsheet that is provided based on the rubric listed. I need to send template if I cannot in the add files sections.

Get Help With a similar task to - Sparkles Dessert Excel Assignment

Login to view and/or buy answers.. or post an answer
Additional Instructions:
1 Sparkles Dessert Cafe Please read the instructions carefully and provide what is being requested. A new client of yours, Cassy Watts wants to open a small dessert cafe selling cupcakes, pie slices, custard, ice cream cones, yogurt parfaits, cake slices, and sodas. She is planning to open the cafe on the August 1, 2021. You, as an independent consultant, have been hired to develop a cash pro forma budget for his business venture (note: this is a spreadsheet that helps forecast income and expenses over a specific time period). The plan will be used to manage the business and apply for a loan. Assignment: Using Microsoft Excel, construct a monthly proforma cash budget for your client for the first year of operations. Use the file attached Excel Template - “Sparkles Café Exel” as your starting point. This is the file that must be downloaded and used as the basis for your assignment. Do not make any changes to this pre-designed template. This means changing the format. You will need to add your information and any other information needed for the assignment. Do not use a template from a previous semester – this is considered academic dishonesty and will be subject to disciplinary action. Place the finished cash pro forma on a worksheet labeled “Cash ProForma". Place all your case assumptions data on a separate worksheet. Label the worksheet "Assumptions" (note: each piece of data must appear in its own cell on the Assumption sheet). Place your start-up costs on a third worksheet labeled "Startup Costs" Create two additional worksheets for your recommendations. Label one worksheet “Flavored Coffee Recommendation”, label the other “Entertainment Recommendation”. You may also include a worksheet for the Optional Extra Credit criteria at the end of this document. Appropriate Charts (graphs): You will be creating two separate charts so create and 2 label two additional worksheets for the charts (each chart will be in its own worksheet). Chart One – ”Monthly Product Revenue” – this will show the monthly revenue for each of your five products for the entire year. Chart Two – “Total Product Net Income” - You want to track the total product net income for the year to determine any trends or projections in product sales. Make sure both charts are formatted correctly (i.e. appropriate title, legend where appropriate, data series properly labeled) and they are appropriate for business use. Information needed to complete assignment: Cupcakes, pie slices, whole pies, custard, ice cream cones, yogurt parfaits, cake slices, whole cakes, and sodas. Product Selling Prices: Cupcakes for $2.25 each Whole Pies for $10.25 each Pie Slice for $2.95 each Whole Cakes for $14.25 each Cake Slice for $2.95 each Custard for $3.95 per cup Yogurt Granola Parfait for $4.95 each Ice Cream Cones for $2.25 each one scoop (vanilla chocolate or strawberry) Sodas $1.75 a bottle Cost of Goods Sold: Cupcake cost $1.05 per cupcake. Pie Slice per slice $1.29. Whole Pie cost $6.20 Whole Cake cost $7.19 Cake Slice cost $1.59 Custard cost $1.79 Yogurt Granola Parfait cost $2.69 Ice Cream Cones (Ice cream ingredients and cone) cost $1.10 (1 scoop) Sodas cost about $.7 per 16 oz. bottle The building rent is $2555 per month. Phone will cost about $200 per month. Electricity should cost about $700 a month. Insurance will be $750 a month. Advertising and promotion will be $700 a month. 3 Operating Hours: The cafe will be open seven days a week. Sparkles Dessert Cafe will serve desserts all day and will be open from 11am – 7pm on weekdays (Monday – Friday). It will need one hourly employee and an assistant manager or manager durint the hours that the café is open. On Saturdays and Sundays the store will be open 11am – 11pm and will need two hourly employees and an assistant manager (or manger). Your client will be the manager and draw a salary of $38,500 per year (includes benefits). She will also work in the store during the busiest times, and fill in for the assistant manager on days off and sick days. The assistant manager will receive a salary of $27,500 per year (includes benefits). The hourly workers will be paid $9 an hour. Monday through Fridays the owner expects an average of 10 customers an hour. Saturdays and Sundays the owner expects an average of 22 customers an hour. Demand Rate: On average, 1/2 of all customers will buy Cupcakes, 1/4 of the customers will buy Custard, 1/4 will buy Cake Slices, and 1/2 customers will buy Yogurt Parfaits, 3/4 of them will buy a Pie Slice, 1/3 of all customers will buy Ice Cream cones, 1/3 of all customers will buy a Whole Pie, 1/3 of all customers will buy a Whole Cake and every customer will purchase a soda. Start-up costs for the diner includes: Kitchen equipment: $16,250 Cash register and sales equipment: $2,250 Initial inventory: $6,500 Pre-opening marketing: $2,500 Cafe fixtures (chairs, tables etc.): $4,500 Decorations: $500 Licenses: $1,025 Security deposit: $6,500 First Insurance Payment: $850 Your client has $10,000 and plans to borrow the rest from the bank with a five-year loan at 4.1% interest. You are to calculate the monthly loan payment using the appropriate financial function. Assume a tax rate of 24% if Income Before Taxes (IBT) is equal to or is greater than $23,500. Assume a tax rate of 14% if IBT is less than $23,500. You are to calculate the 4 monthly tax payment using the appropriate logical function. Assume that sales will grow at an average of 2% per month. Assume that each month contains 4.2 weeks. Scenario One: “What if” Analysis Your client is unsure if she should sell flavored coffees at the cafe. She thinks she can sell a coffee to every second customer and it seems to be lucrative because the coffee sells for $4.75 each and costs him only $1.60 to purchase. Unfortunately, your client is afraid that she would cannibalize his soft drink sales with the coffee customers (one less soda less for every coffee sold). It will cost him $5,250 to purchase the equipment and insurance costs would rise by another $155 per month due to the hot equipment needed to make the coffee. What is your recommendation: Should your client offer flavored coffee to her customers? Scenario Two: “What if” Analysis A former school friend of your client is a balloon artist/face painter and has planted the idea in your client’s head of adding a him to the café to provide face painting and balloon animals (Saturday and Sunday 2 - 6). The friend states he can guarantee 5 more customers per hour if your client will hire him at $500 a month. What is your recommendation: Would it be a profitable idea to hire the balloon artist/face painter? Recommendations: Show your client how these recommendations would affect the bottom line by recreating the pro forma for each scenario and applying the data analysis to determine profitability. You do not have to start from scratch, but note, these are completely independent cash proformas. They must update accordingly from the data worksheets. Plan on showing your analysis and discussing the proforma changes that occur under each new scenario and how it affects profitability. Use a formatted text box (not a comment) to explain your recommendations under each new pro forma. This will be approximately a 2-3 paragraph endeavor. ****Bonus Scenario Three: “What if” Analysis - Optional 10pts. Using Pivot Tables analyze the data in the cash proforma such as which items sell best each day of the week. What sells the most on the weekends? Based on your analysis of the data recommendations on which items should be kept on the menu and is there an item that just shouldn’t be offered? Operating Hours: Start-up costs for the diner includes: Scenario One: “What if” Analysis
Grading criteria Criteria: Your current score: Sheets are appropriately labeled 5 points All information cells on cash proforma are referenced back to the assumption page, calculations are correct, all fields have values, twelve months are presented and an annual totals are given as well as a monthly totals. 35 points Assumptions and startup worksheets setup and complete. 15 points Recommendations are based on cash proforma information and what if analysis Use separate worksheet for each recommendation. 15 points The chart is present and reflects worksheet content. 10 points Taxes are calculated correctly using boolean logic. 10 points Loan payment is calculated using a function.. 10 points Optional Bonus scenario - Pivot Table 10 points Score (out of 100) 0 Sheet 1 Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Total Revenue: Cupcakes Whole Cakes Cake Slices Whole Pies Pie Slices Custard Yogurt Granola Parfait Ice Cream Cones Soda Monthly Revenue Expenses: COGS Rent Phone Electricity Insurance Advertising Hourly Wages Salaries Loan Payment Total Expenses Income Before Tax Tax Net Income Cash Flow Sheet 2 Assumptions Made: Products: Cupcakes selling price Whole Pies selling price Pie Slices selling price Whole Cakes selling price Cake Slices selling price Custard selling price Yogurt Granola selling price Ice Cream Cones Soda Cupcakes COGS Whole Pies COGS Pie Slices COGS Whole Cakes COGS Cake Slices COGS Custard COGS Yogurt Granola COGS Ice Cream COGS Soda COGS Fixed Costs: Rent Phone Electricity Insurance Advertising Operating Information: # of days open (weekdays) # of days open (weekends) Hours open (weekdays) Hours open (weekends) Hourly wage Customers per hour weekdays Customers per hour weekends Hourly employees/day (weekdays) Hourly employees/day (weekends) % of customers purchasing Cupcakes % of customers purchasing Whole Pies % of customers purchasing Pie Slices % of customers purchasing Whole Cakes % of customers purchasing Cake Slices % of customers purchasing Custard % of customers puchasing Yogurt Parfait % of customers purchasing Ice Cream Cones % of customers purchasing sodas Manager Annual Salary Assistant Manager Annual Salary Growth rate Weeks Per Month Loan period (years) Loan interest rate Taxes: If income before tax is equal or greater than: Tax rate = If income before tax is less than: Tax rate = Coded Document Sheet 3 Start Up Costs: Kitchen equipment Sales equipment (cash register, etc.) Initial inventory Pre-opening marketing Cafe fixtures (chairs, tables etc.) Decorations Licenses Security deposit Initial insurance payment Total Owner's Equity Cash Reserves Elke Leeds: Cash Reserves represent an amount in excess of what is needed to open your business. This reserve fund is borrowed and kept to protect your business against negative cash flow or losses. It replaces what would normally be considered an available line of credit. Loan Amount

Related Questions

Similar orders to Sparkles Dessert Excel Assignment
16
Views
0
Answers
CORE Credit Union Case Study Assignment
CORE Credit Union Case Study assignment. Using the Case study provided in the Learning Resources, write a 2-page paper addressing the questions in the Case. Provide a minimum of one scholarly reference in your paper (cited and referenced in APA format)....
18
Views
0
Answers
Unified Communication At Boeing Case Study

Unified Communication At Boeing Case Study

Using the Case study 1-A or Case study 1-B, write a 2-page paper addressing all of the questions in either Case you choose. Provide a minimum of one scholarly reference in your paper (cited and referenced in APA format).

  • Double space your paper
  • The paper must use APA format (6th edition)
  • Minimum of 2 pages, excluding any cover page. That is, the 2 pages must be content related.

Please remember this needs to be in your words. No cut and paste, No turning in other's work. No rewriting with SpinBot. Rephraser, or other tools. Any similarity scores of 30 or more will not be graded.

Please check back to review your similarity score. You can re-submit until the due date.

...
20
Views
0
Answers
A+ and Security + certification
I would like to know if it is possible for someone to pass the above listed certifications for me. I would appreciate someone taking and passing the CompTIA A+ for me. I would greatly appreciate someone taking security + and passing it for me. If the above written above is possible I will "greatly"!!!! compensate the individual the completes the requests....
25
Views
0
Answers
Information Technology Excel Worksheet
In the Excel spreadsheet provided, complete the tasks below. Upon completion you will submit a single, completed, Excel workbook. (No Google Sheets files, nor Apple Numbers files, nor external links to files will be accepted.)...