Label each of the following range names as “Correct" if is a valid range name in Excel or “Incorrect" if the range name is not valid for use in Excel. Proposed Range Name PricePerUnit Cost Per_Unit Profit per Unit Fixed_Costs Variable Costs

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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An analyst has started preparing a spreadsheet as shown below. Column A contains the headings for various parameters and Column
B contains the analyst's range names to be used in Excel.
A
B
1 Price per Unit
2 Cost per Unit
3 Profit per Unit
PricePerUnit
Cost_Per_Unit
Profit per Unit
4
5 Fixed Costs
Fixed_Costs
6 Variable Costs
Variable Costs
Label each of the following range names as "Correct" if is a valid range name in Excel or "Incorrect" if the range name is not valid for
use in Excel.
Proposed Range Name
PricePerUnit
Cost Per_Unit
Profit per Unit
Fixed_Costs
Variable Costs
Transcribed Image Text:An analyst has started preparing a spreadsheet as shown below. Column A contains the headings for various parameters and Column B contains the analyst's range names to be used in Excel. A B 1 Price per Unit 2 Cost per Unit 3 Profit per Unit PricePerUnit Cost_Per_Unit Profit per Unit 4 5 Fixed Costs Fixed_Costs 6 Variable Costs Variable Costs Label each of the following range names as "Correct" if is a valid range name in Excel or "Incorrect" if the range name is not valid for use in Excel. Proposed Range Name PricePerUnit Cost Per_Unit Profit per Unit Fixed_Costs Variable Costs
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