Question

 

Project Description:

You have recently become the CFO for Beta Manufacturing, a small cap company that produces auto parts. As you step into your new position, you have decided to compile a report that details all aspects of the business, including: employee tax withholding, facility management, sales data, and product inventory. To complete the task, you will duplicate existing formatting, utilize various conditional logic functions, complete an amortization table with financial functions, visualize data with PivotTables, and lastly import data from another source.

 

Steps to Perform:

Step	Instructions	Points    Possible
1	Start   Excel. Open eApp_Cap2_Manufacturing.xlsx   and save the workbook as eApp_Cap2_Manufacturing_LastFirst.	0
2	Group all the worksheets in the workbook and fill   the range A1:F1 from the Insurance worksheet across all worksheets   maintaining the formatting. Ungroup the worksheets after the fill is complete   and ensure the Insurance worksheet is active.	4
3	Click   cell I5 and enter a function that determines the number of full-time   employees, (FT).	2
4	Enter a function in cell I6 that determines the   average salary of all full-time employees. Format the results in Accounting   Number Format.	2
5	Enter a   lookup function in cell E5 that returns the tax deduction amount for the   number of dependents listed in the cell C5. Use the table in range H13:I17 to complete the function.   The maximum deduction is $500.00; therefore, employees with more than four   dependents will   receive no additional deductions.	2
6	Use Auto Fill to copy the function down, completing   column E. Be sure to use the appropriate cell referencing. Format the data in   column E with the Accounting Number Format.	4
7	Enter a   logical function in cell F5 that calculates employee FICA withholding. If the   employee is full-time and has at least one dependent, then he or she pays 7%   of the annual salary minus any deductions. All other employees pay 5% of the   annual salary minus any deductions. Copy the function down through column F.   Format the data in column F with Accounting Number Format.	3
8	Apply conditional formatting to the range C5:C34 that highlights any   dependents that are greater than 3 with Light Red Fill and Dark Red Text.	4
9	Click   cell H10, and enter an AVERAGEIFS function to determine the average salary of   full-time employees with at least one dependent. Format the results in Accounting Number Format.	3
10	Use Advanced Filtering to restrict the data to only   display full-time employees with at least one dependent. Place the results in   cell A37. Use the criteria in the range H24:M25 to complete the function.	2
11	Ensure   that the Facilities worksheet is active. Use Goal Seek to reduce the monthly   payment in cell B6 to the optimal value of $6000. Complete this task by changing the Loan amount in   cell E6.	5
12	Create the following three scenarios using Scenario   Manager. The scenarios should change the cells B7, B8, and E6.     Good     B7 = .0325   B8 = 5   E6 = 275000     Most   Likely   B7 = .057   B8 = 5   E6 = 312227.32     Bad   B7 = .0700   B8 = 3   E6 = 350000     Create a Scenario Summary Report based on the value in cell B6. Format the   new report appropriately.	5
13	Ensure   that the Facilities worksheet is active. Enter a reference to the beginning   loan balance in cell B12 and enter a reference to the payment amount in cell C12.	4
14	Enter a function in cell D12, based on the payment   and loan details, that calculates the amount of interest paid on the first   payment. Be sure to use the appropriate absolute, relative, or mixed cell   references.	3
15	Enter a   function in cell E12, based on the payment and loan details, that calculates   the amount of principal paid on the first payment. Be sure to use the   appropriate absolute, relative, or mixed cell references.	3
16	Enter a formula in cell F12 to calculate the   remaining balance after the current payment. The remaining balance is   calculated by subtracting the principal payment from the balance in column B.	2
17	Enter a   function in cell G12, based on the payment and loan details, that calculates   the amount of cumulative interest paid on the first payment. Be sure to use   the appropriate absolute, relative, or mixed cell references.	3
18	Enter a function in cell H12, based on the payment   and loan details, that calculates the amount of cumulative principal paid on   the first payment. Be sure to use the appropriate absolute, relative, or   mixed cell references.	3
19	Enter a   reference to the remaining balance of payment 1 in cell B13. Use the fill handle to copy the functions   created in the prior steps down to complete the amortization table.	3
20	Ensure the Sales worksheet is active. Enter a   function in cell B8 to create a custom transaction number. The transaction   number should be comprised of the item number listed in cell C8 combined with   the quantity in cell D8 and the first initial of the payment type in cell E8. Use   Auto Fill to copy the function down, completing the data in column B.	7
21	Enter a   nested function in cell G8 that displays the word Flag if the Payment Type is Credit and the Amount is greater than or equal to $4000. Otherwise, the function will   display a blank cell. Use Auto Fill to copy the function down, completing the   data in column G.	7
22	Create a data validation list in cell D5 that   displays Quantity, Payment Type, and Amount.	5
23	Type   the Trans# 30038C in cell B5, and select Quantity   from the validation list in cell D5.	2
24	Enter a nested lookup function in cell F5 that   evaluates the Trans # in cell B5 as well as the Category in cell D5, and   returns the results based on the data in the range A8:F32.	3
25	Create   a PivotTable based on the range A7:G32. Place the PivotTable in cell I17 on   the current worksheet. Place Payment Type in the Rows box and Amount in the   Values box. Format the Amount with Accounting Number Format.	5
26	Insert a PivotChart using the Pie chart type based   on the data. Place the upper-left corner of the chart inside cell I22. Format   the Legend of the chart to appear at the bottom of the chart area. Format the   Data Labels to appear on the Outside end of the chart.     Note, Mac users, select the range I18:J20, on the Insert tab, click   Recommended Charts, and then click Pie. Format the legend, and apply the data   labels as specified.	4
27	Insert   a Slicer based on Date. Place the upper-left corner of the Slicer inside cell   L8.	3
28	Ensure the Inventory worksheet is active. Import   the Access database eApp_Cap2_Inventory.accdb   into the worksheet starting in cell A3.     Note, Mac users, download and import the delimited Inventory.txt file into the worksheet starting in cell A3.	5
29	Create   a footer with your name on the left, the sheet code in the center, and the   file name on the right for each worksheet.	2
30	Save and close the file. Based on your instructor's   directions, submit   eApp_Cap2_Manufacturing_LastFirst.xlsx.	0

Total   Points

100

 

Inventory.txt

eApp_Cap2_Manufacturing.xlsx

eApp_Cap2_Inventory.accdb ( the table below)

Inventory

Item	Quantity	Total Value	Warehouse
1001	5000	40000	A
2002	3500	35000	A
3003	2500	30000	B
4004	4000	22000	C
5005	1000	18000	D

Answer 1

Question 3. =countif(B5:B34, "FT")

Type the above-mentioned formulae in cell I5. B5:B34 is the range where to look for the employee status; FT is the searched thing that has to be found in the range.

Question 4. =averageif(B5:B34, "FT", D5:D34)

Type the above-mentioned formulae in cell I6. B5:B34 is the range where to look for the employee status; FT is the searched thing which has to be found in the range, D5:D34 is the respective salary whose average has to be found out.

Question 5. =vlookup(C5, H13:I17, 2, FALSE)

Type the above mentioned in cell E5. C5 is the lookup value, H13:I17 is the lookup range where the value will be searched, 2 is the 2nd column of the lookup range from where the value will be returned, falsely gives the exact match.

Question 6. Place the mouse in the right bottom corner; when you get a + symbol, scroll it down through the E column to copy the formulae for the rest of the rows.

Answer 2

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