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Fifo-first In First Out

I would like to know how to make excel calculate which inventory is left in the FIFO method, quantities that are bought first are the first to be sold. Basically where the quantity and price is derived from.

For example:
APPLE
bought 100 on FEB 1 @$1
bought 500 on FEB 1 @$1
bought 1000 on FEB 10 @$1
sold 300 on FEB 12 @$1.5
bought 100 on FEB 13 @$1.1
sold 100 on FEB 13 @$1.2
bought 1000 on FEB 14 @$1
bought 400 on FEB 15 @$1
sold 2000 on FEB 19 @$1.5

For this, the formula/function would know that:
=>for the 300 sold on FEB 12, 100 bought on FEB 1 is depleted and 200 of the 500 bought on FEB 1 is depleted.
=>for the 100 sold on FEB 13, the 100 bought on FEB 13 is depleted
=>for the 2000 sold on FEB 19, it knows that:
==>the 100 bought on FEB 1, the 200 of the 500 bought on FEB 1, and the 100 bought on FEB 13 is depleted so it can't consider those quantities
==>it would consider the remaining 300 of the 500 bought on FEB 1, 1000 bought on FEB 10, and 700 of the 1000 bought on FEB 14

The remaining quantities that are left would be the remaining 300 of the 1000 bought on Feb 14 and the 400 bought on FEB 15.

I would like to know for each sold transaction, which quantities at which prices on which day were sold.

Thanks in advance!


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I have a list of 5 buildings each with different unit counts, and an average price sold for each building. How can I get the average price of all units sold?

A B
312 $1000
54 $1010
35 $1835
32 $1028
53 $1937


I am trying to figure out how to write a formula to figure out production cycle time.
We will be building 8 "widgets" a day.
We will work 10 hours a day.
There is a 20 minute break at 9:20 am.
Production shuts down for lunch 30 minutes for lunch at 12:30.
Production starts at 6:00 am.
Here is what I can do.
Production cycle time = (10*60)-30/8 or 71.25 minutes
If we start at 6:00 am, the first scheduled cycle completion time = TIME(6,0,0+71.25/1440)

My problem is when I am trying to use a logical "IF' statement to account for the 20 minute break or lunch and still calculate the end of each cycle time through the day I receive a number of error messages.
This is the formula I am trying to make work. I have the cell the formula is in, formatted with a "mm,ss" format.
=(IF(D4+G1/1440>9:20,(D4+G1)/24,(D4+G1+15)/1440))
I have included an attachment to help (a picture is worth a thousand words).

Any help will be greatly appreciated.
I have bought a number of books in an attempt to figure this out, and I am still stumped


Hi Everybody,

First post on the forum, have only recently joined and im hoping that someone can help me before my head explodes!

I am trying to prepare a simple Material Quantity List for some Steel materials.
The materials are all in specific sizes.

What i want to do is, as i input the length, width and height of the structure in the spreadsheet, the Material Quantity List will generate the quantity of each piece of material i will need.

Does anybody know of a formula for this. I have been trying to use the IF function and getting absolutely nowhere, all suggestions will be highly appreciated!!


Hello Everybody,

I am hoping for some assistance. Here is what I have....

I am trying to get counts of certain values.

This is in the same workbook but different sheets.
On sheet 1 is where my formula lies. In a cell, I want it to look at sheet 2 column B and look for instances of "A", then I want it to look in the same row it found "A" and look at the value in column "N" and evaluate if there is an amount. If there isn't skip it and don't count it, if there is a value count it if it falls within a given range.

An example of the formula is below...what am I missing?

=COUNTIF(Sheet2!B:B,(VLOOKUP(A,Sheet2!B:N,13,FALSE)=0:500))
=COUNTIF(Sheet2!B:B,(VLOOKUP(A,Sheet2!B:N,13,FALSE)=501:1000))

Thank you in advance for your assistance.


I am using below code, but it only untill 19,999. Amount from 20,000 and above only show thousand? Please help!

For 19,999 it show
Ringgit Malaysia : Nineteen Thousand Nine Hundred NinetyNine Only

For 20,000 and above it show
Ringgit Malaysia : Thousand Only

Code as below:

Function SpellNumber(amt As Variant) As Variant
Dim FIGURE As Variant
Dim LENFIG As Integer
Dim i As Integer
Dim WORDs(19) As String
Dim tens(9) As String
WORDs(1) = "One"
WORDs(2) = "Two"
WORDs(3) = "Three"
WORDs(4) = "Four"
WORDs(5) = "Five"
WORDs(6) = "Six"
WORDs(7) = "Seven"
WORDs(8) = "Eight"
WORDs(9) = "Nine"
WORDs(10) = "Ten"
WORDs(11) = "Eleven"
WORDs(12) = "Twelve"
WORDs(13) = "Thirteen"
WORDs(14) = "Fourteen"
WORDs(15) = "Fifteen"
WORDs(16) = "Sixteen"
WORDs(17) = "Seventeen"
WORDs(18) = "Eighteen"
WORDs(19) = "Nineteen"

tens(2) = "Twenty"
tens(3) = "Thirty"
tens(4) = "Fourty"
tens(5) = "Fifty"
tens(6) = "Sixty"
tens(7) = "Seventy"
tens(8) = "Eighty"
tens(9) = "Ninety"

FIGURE = amt
FIGURE = Format(FIGURE, "FIXED")
FIGLEN = Len(FIGURE)

If FIGLEN < 12 Then
FIGURE = Space(12 - FIGLEN) & FIGURE
End If

If Val(Left(FIGURE, 9)) > 1 Then
SpellNumber = "Ringgit Malaysia : "
ElseIf Val(Left(FIGURE, 9)) = 1 Then
SpellNumber = "Ringgit Malaysia "
End If

For i = 1 To 3
If Val(Left(FIGURE, 2)) < 20 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & WORDs(Val(Left(FIGURE, 2)))
ElseIf Val(Left(FIGURE, 2)) > 19 Then
Ntow = Ntow & tens(Val(Left(FIGURE, 1)))
SpellNumber = SpellNumber & WORDs(Val(Right(Left(FIGURE, 2), 1)))
End If

If i = 1 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & " Crore "
ElseIf i = 2 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & " Hundred "
ElseIf i = 3 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & " Thousand "
End If
FIGURE = Mid(FIGURE, 3)
Next i

If Val(Left(FIGURE, 1)) > 0 Then
SpellNumber = SpellNumber & WORDs(Val(Left(FIGURE, 1))) + " Hundred "
End If

FIGURE = Mid(FIGURE, 2)

If Val(Left(FIGURE, 2)) < 20 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & WORDs(Val(Left(FIGURE, 2)))
ElseIf Val(Left(FIGURE, 2)) > 19 Then
SpellNumber = SpellNumber & tens(Val(Left(FIGURE, 1)))
SpellNumber = SpellNumber & WORDs(Val(Right(Left(FIGURE, 2), 1)))
End If


FIGURE = Mid(FIGURE, 4)


If Val(FIGURE) > 0 Then
SpellNumber = SpellNumber & " And Cents "
If Val(Left(FIGURE, 2)) < 20 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & WORDs(Val(Left(FIGURE, 2)))
ElseIf Val(Left(FIGURE, 2)) > 19 Then
SpellNumber = SpellNumber & tens(Val(Left(FIGURE, 1)))
SpellNumber = SpellNumber & WORDs(Val(Right(Left(FIGURE, 2), 1)))
End If
End If
FIGURE = amt
FIGURE = Format(FIGURE, "FIXED")
If Val(FIGURE) > 0 Then
SpellNumber = SpellNumber & " Only "
End If
End Function


Hi

I'm not sure how to do this, but I want the Total (column D) to be the sum of the Unit Price (column C) times the Quantity (column A). Is there a formula you can apply to a column or do I have to do it in individaul cells?


Dear Sirs,

Am in need for this solution very badly and what could be a better place than excelforum !

I have an MS Excel File (2007 version) sample file attached, which has name, designation, blood group and so on. The last column is for hyperlinking photographs of individuals.

In the same folder where I have saved this excel file, are lying photographs of individuals. While scanning the photographs, I have saved them serially i.e. 1,2,3 and so on.

In the Excel file, in last column, I have given the respective serial numbers. In order to hyperlink one has to select that particular Cell, press Ctrl K and you automatically go to the folder containing individual photographs, you select that photo and OK.

Problem :

I have to do this hyperlinking one by one and if there 1000 photos, lot of time is wasted.

Solution Needed :

Just in case of excel formula, which we copy and paste, Can I get a command by virtue of which the column titled Photo or column next to it gets automatically Hyperlinked to respective photo WHEN I copy and paste such command to all cells in that column.

Thanks a million and warm regards ::: Jack


Hello,

I'm a bit of a newbie with Excel, but...

I have several cells with data that contain both letters and numbers (4H, 8V, 4FH, etc.) What I want to do is remove only the text characters from these cells, and add the remaining number values together among a series of cells with this data type.

If your answer involves using a macro or VB, please provide a link on how to use the formula. I've never used a macro or VB.

Thanks.


This formula is supposed to calculate difference between today and date hired to give years and months of service. Works fine for all except if the person was hired in year 2000 then this formula shows 110 y. Any one know how to fix this? or have a different formula that works.

=DATEDIF(E21,TODAY(),"y")&" y "&DATEDIF(E21,TODAY(),"ym")&" m"

Thanks
Rick


Imagine a whole box of lengths of aluminium sections for making windows.

To make those windows I need to cut these lengths into smaller sizes.

I need to do this economically.

How can I use Excel to help me make this a reality.

Firstly you would take a big size out of it and then another size out of the offcut piece.

And then another size out of the offcut left over.

I need to know how many full stock lengths (6500) long it will take to cut all the pieces listed above.

Is it possible?

You need to take into account the quantity of each size and fit it all in together for the most optimal outcome.

See attached example of possible layout.


I use Excel 2000 (9.0.2720)

In range A1:D10, I have entered the figures in actuals (e.g. 34532642.45,
78945624.89 etc.). How can I convert those figures in Lakhs / Thousands /
Crores? Before converting, Can Excel 2000 prompt me for conversion in Lacs /
Thousands / Crores?



I am trying to write a formula that uses both an if statement and a vlookup statement.

It's for a house cleaning price list, with two sets of prices. I want the formula to say if the value in E7 is R, i want to lookup the value for the house in the second column. If the value in the cell is anything else, i want to lookup the value for the house in the third column.

So in sense, my formula should look like =IF (E7=1,"=VLOOKUP(A10,'Clean Prices'!$A$2:$C$58,2,FALSE)","=VLOOKUP(A10,'Clean Prices'!$A$2:$C$58,3,FALSE)")

But it doesn't work. Is it possible to nest a vlookup in an if statement?


I'm looking for a formula that pulls the text from a cell unti it hits a space.

I'm using the formula below but keep getting #VALUE results


B1: =LEFT(A1,FIND(",",A1,1))


I know it's not that hard but can't figure it out.

thanks for the help

max


Hi there. I know it sound like a really simple thing but its really stumped me.

Instead of the y axis being on the left hand side, i wish for it to cut at 0,0. I have positive and negative values and I need it to be in the centre instead of on the left.

I have tried formatting both the axis and it would appear that the x axis already cuts the y axis in the right posistion so i need to format the x axis to make the y axis cut it at 0,0. I have already tried typing in 0 instead of 1 and it keeps saying it need to be number more than or equal to 1.

Any help would be greatly appreciated.

Nicole


I use Excel 2000
I have sheet muster for my clients of January, 2005 like :
( P = Present, A=Absent )
A.....B.....C.....D.....
Days Sun Mon Tue Wed
Date 1 2 3 4

1 John P A A P
2 Lucy A P P A
3
Now I want to calculate the total Sundays, Mondays, Tuesdays etc. present in
that month. How can I do this?
--
Knowldege is Power



I run a small business. I want to start keeping track of inventory using a barcode system.

I know Excel "ok", but I don't know programming.'

I'd like to be able to do something very simple (for now)...

For example...if I had PRODUCT / CODE / INV VALUE

A - CODE A - 5
B - CODE B - 11
C - CODE C - 14

I would want to be able to click a button (or scan a code for) : ADD +1 or REMOVE -1

...then scan the barcode on the product (A) and have it add or remove one, respectively. So, if the row for A is:

A - CODE A - 5

I choose "ADD" (with a button or scan code), then scan the barcode, and the spreadsheet automatically finds the code in the sheet, and changes the corresponding inventory value:

A - CODE A - 6

Does that make sense? How might I go about doing that?


Even though I have used Page Layout to set my margins at .3 left and right, I cannot make my columns as wide as they need to be because the spreadsheet continues to print with one inch margins. I am on a deadline -- Help!


Hello,

As the title goes this is as simple as it gets. The macro worked good when I was using excel 2003 but now that I have 2007 everything works for except the resizing (Picture.Width & Picture. Height).

Code:

Sub AddImage()
Dim strPath As String
Dim strFile As String
Dim Picture As Object
Dim Response As String
Dim C As Range
strPath = "C:\\Photos\"
 
For Each C In Range("A1", Range("A65536").End(xlUp))
    If C  0 Then
        With C.Offset(0, 1)
            Set Picture = Nothing
            On Error Resume Next
            Set Picture = Sheets("Raw Pix").Pictures.Insert(strPath & C.Value & ".jpg")
            Picture.Top = .Top
            Picture.Left = .Left
            Picture.LockAspectRatio = msoTrue
            Picture.Width = 157
            Picture.Height = 138

        
    End With
    End If
     
NextC:
Next C
End Sub


I have tried to record some macros while I am resizing the pictures but to no avail the macros are blank.

Please help

Thanks!


Suddenly, I lost the ability to use copy and paste by right clicking my
mouse. Using Office 2000. Can you help? Thank you!!!



Hello,

I have two columns of data: column A contains the date and time in the form dd/mm/yyyy. Column B contains a number value. All the times are in order, so column A looks like:

01/01/2007
02/01/2007
03/01/2007

I have data from 2007 to 2010. I need to calculate an average daily value (in column B) for each month, and display it in column C. So, for January, I need to calculate the average of 31 days, February, 28 days, etc.

Is there a function I can use to do this? I've been trying the AVERAGEIF formula but can't get it to work. Any ideas would be much appreciated!

Many thanks,
Caitlin