September 2006
Beginner to intermediate
397 pages
13h 15m
English
Content preview from Microsoft Excel Functions & Formulas
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Determining the inventory value
Figure 14-32 shows a list of items that are in stock, along with their
cost and current quantity. Your task is to calculate the total value of
the items in inventory.
It is certainly possible to solve this task by adding an additional col-
umn to calculate a total for each item and sum those values. But
there is a much easier way!
4
To determine the value of the inventory:
1. Using the data in Figure 14-32, select cell C13.
2. Type the formula =SUMPRODUCT(B6:B11,C6:C11).
3. Press <Enter>.
368
Chapter 14
Figure 14-32
Examples ...
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