Question

Ned wants to calculate the total sale of a product during quarters 3 and 4 of a financial year. He creates a table of quarterly sales of different products o the company in different regions. In the table, cells B1 to B20 with heading "Quarter" list the quarters of the years I to IV, cells C1 to C20 with heading "Product" lists the different products and cells D1 to D20 with heading "Sales" list the sales amount for each quarter and product in dollars. The criteria specified—Quarter and Product are in cells H5 and I5 and their values >3 and Balloons respectively are mentioned in cells H6 and I6. To calculate the total sale of a particular product, he can use the formula =DSUM(B1:D20,”Sales”,H5:I6). True False

Answer 1

The formula correctly calculates the total sale of Balloons during quarters 3 and 4, making the statement True.

The provided formula `=DSUM(B1:D20,"Sales",H5:I6)` is correct for calculating the total sale of a specific product during quarters 3 and 4. Here's why:

DSUM Function:

DSUM stands for "Database SUM" and calculates the sum of a specific field in a database or range based on specified criteria.

Arguments:

Database (B1:D20): This specifies the range containing the data to be analyzed.

Field (Sales): This specifies the field containing the values to be summed ("Sales" in this case).

Criteria (H5:I6): This specifies the range containing the criteria for filtering the data.

Criteria Break down:

Cell H5: This specifies the field name for the first criterion ("Quarter" in this case).

Cell H6: This specifies the value for the first criterion (">3" for quarters greater than 3).

Cell I5:This specifies the field name for the second criterion ("Product" in this case).

Cell I6: This specifies the value for the second criterion ("Balloons" for the product).

Application:

The formula will sum the values in the "Sales" field (D1:D20) only for rows where the corresponding "Quarter" value is greater than 3 and the corresponding "Product" value is "Balloons".