How to Calculate Shipping Cost with SUMPRODUCT

This video tutorial explains how to calculate shipping costs using the sumproduct function in Excel. It revisits the basics of the function, which multiplies and sums arrays, and provides examples to calculate total shipping costs and specific costs for Tamil Nadu to the USA. The tutorial emphasizes the importance of matching array sizes to avoid errors and includes verification steps to ensure accuracy.

What is the primary purpose of the Sumproduct function?

• To add and then multiply arrays

• To find the average of arrays

• To multiply and then sum arrays

• To divide and subtract arrays

What is a crucial requirement for the arrays used in the Sumproduct function?

• They must be sorted in ascending order

• They must be of the same size

• They must contain only positive numbers

• They must be of different sizes

In the example provided, what is the total shipping cost calculated using the Sumproduct function?

• 3,00,000

• 2,50,000

• 2,05,000

• 1,50,000

How is the cost from Tamil Nadu to the USA calculated using the Sumproduct function?

• By adding the costs of all distribution centers

• By selecting Tamil Nadu and USA, then multiplying units and cost per unit

• By multiplying the total units with the cost per unit

• By selecting only the USA distribution center

What is the verified shipping cost from Tamil Nadu to the USA?

• 10,000

• 15,000

• 12,000

• 20,000