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NoahπŸ‡ΈπŸ‡¬

Needs Help With Inventory Tables
Hi everyone! I need help with my Inventory Management list. So I have a few tables and I need to fill these tables out based on First-In-First-Out(FIFO), Last-In-Last-Out(LILO) and Average costing. Β These tables and their costs have to be calculated based on the demand tables just on their right..

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It is a very tedious task to fill these tables manually so I was hoping someone can suggest a solution that will help me save time now and in the future when I encounter similar work..

I have attached an example file with some of the data keyed in. Any help is much appreciated! :)
Q6.xlsx

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Avatar of abbas abdullaabbas abdullaπŸ‡§πŸ‡­

Hi,
For Purchases you can use this function in cell M3 =IF(L3<>"",SUMIF(A$4:A$18,L3,B$4:B$18)&" units at $"&SUMIF(A$4:A$18,L3,C$4:C$18)&"/unit","")

I am not sure from which column I can sum the Sales, can you clarify?

Avatar of NoahNoahπŸ‡ΈπŸ‡¬

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@abbas abdulla I think you can try it under Total Cost :)

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Avatar of abbas abdullaabbas abdullaπŸ‡§πŸ‡­

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Avatar of NoahNoahπŸ‡ΈπŸ‡¬

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Hi I think you may have attached the wrong file :)

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Avatar of abbas abdullaabbas abdullaπŸ‡§πŸ‡­

Hi,
The file is same file you posted earlier (Q6) it has same name and content. I just updated the functions inside it!
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Microsoft Excel topics include formulas, formatting, VBA macros and user-defined functions, and everything else related to the spreadsheet user interface, including error messages.