Exp19_Excel_Ch09_ML1_Expenses
Rich_Exp19_Excel_Ch09_ML1_Expenses.xlsx
April
| Savings | ||
| Beginning Savings Balance | $ 300.00 | |
| Monthly Savings Added | 100.00 | |
| Ending Savings Balance | ||
| Income | ||
| Salary | $ 2,400.00 | |
| Expenses | ||
| Rent | $ 1,100.00 | |
| Utilities | 127.15 | |
| Savings | 100.00 | |
| Cell Phone | 55.22 | |
| Groceries | 389.75 | |
| Car Payment | 275.00 | |
| Auto Expense | 84.93 | |
| Entertainment | 54.75 | |
| Miscellaneous | 100.00 | |
| Total Expenses | 2,286.80 | |
| Difference | $ 113.20 |
May
| Savings | ||
| Beginning Savings Balance | ||
| Monthly Savings Added | 100.00 | |
| Ending Savings Balance | ||
| Income | ||
| Salary | 2400 | |
| Expenses | ||
| Rent | 1100 | |
| Utilities | 115.64 | |
| Savings | 100 | |
| Cell Phone | 55.22 | |
| Groceries | 384.18 | |
| Car Payment | 275 | |
| Auto Expense | 71.64 | |
| Entertainment | 45.31 | |
| Miscellaneous | 95 | |
| Total Expenses | 2241.99 | |
| Difference | 158.01 |
June
| Savings | ||
| Beginning Savings Balance | ||
| Monthly Savings Added | 100.00 | |
| Ending Savings Balance | ||
| Income | ||
| Salary | 2400 | |
| Expenses | ||
| Rent | 1100 | |
| Utilities | 131.18 | |
| Savings | 100 | |
| Cell Phone | 55.22 | |
| Groceries | 395.31 | |
| Car Payment | 275 | |
| Auto Expense | 104.35 | |
| Entertainment | 45.18 | |
| Miscellaneous | 455 | |
| Total Expenses | 2661.24 | |
| Difference | -261.24 |
Qtr 2
| 2nd Quarter Totals | Monthly Data | ||||
| April | |||||
| Savings | May | ||||
| Ending Savings Balance | June | ||||
| Analysis | |||||
| Month with highest positive difference in cell C23 | |||||
| Income | Month with highest negative difference in cell C23 | ||||
| Salary | Difference after three months in cell C23 in Qtr 2 | ||||
| 1st highest total expense category in Qtr 2 | |||||
| Expenses | 2nd highest total expense category in Qtr 2 | ||||
| Rent | Number of expense categories identical each month | ||||
| Utilities | |||||
| Savings | |||||
| Cell Phone | |||||
| Groceries | |||||
| Car Payment | |||||
| Auto Expense | |||||
| Entertainment | |||||
| Miscellaneous | |||||
| Total Expenses | |||||
| Difference |
Exp19_Excel_Ch09_ML1_Expenses_Instructions.docx
Grader - Instructions Excel 2019 Project
Exp19_Excel_Ch09_ML1_Expenses
Project Description:
You carefully tracked your income and expenses for three months using one worksheet per month. The worksheets contain the same expense categories. You used the Miscellaneous category to include a variety of expenses, including a vacation in June. For each month, you calculated the difference between your income and expenses as you were saving for your vacation in June. Now you want to create a three-month summary to analyze your spending habits.
Steps to Perform:
|
Step |
Instructions |
Points Possible |
|
1 |
Start Excel. Download and open the file named Exp19_Excel_Ch09_ML1_Expenses.xlsx. Grader has automatically added your last name to the beginning of the filename. |
0 |
|
2 |
You want to enter a title and apply a cell style to three worksheets at the same time. Group the April, May, and June worksheets. Type Savings, Income, & Expenses in cell A1. Select the range A1:C1 and apply the Heading 1 cell style. |
9 |
|
3 |
With the worksheets grouped, you want to calculate the Ending Savings Balance. In cell C6, add the Beginning Savings Balance to the Monthly Savings Added. |
9 |
|
4 |
With the worksheets grouped, you want to unlock a range so that it can be edited. Unlock cell C9 and the range B12:B20 in the grouped worksheets. Then, ungroup the worksheets. |
9 |
|
5 |
Three worksheets should have 3-D references to other worksheets. Display the May worksheet. In cell C4, create a formula with a 3-D reference to cell C6 (the Ending Savings Balance) in the April worksheet. Display the June worksheet. In cell C4, create a formula with a 3-D reference to cell C6 (the Ending Savings Balance) in the May worksheet. Display the Qtr 2 worksheet. In cell C4, create a formula with a 3-D reference to cell C6 (the Ending Savings Balance) in the June worksheet. |
10 |
|
6 |
You are ready to build functions with 3-D references to sum data from all three months on the Qtr 2 worksheet. With the Qtr 2 worksheet active, click cell C9 and insert the SUM function with a 3-D reference to total the salary amounts for all three months. Copy the function in cell C9 to cells C21 and C23. |
10 |
|
7 |
Next, you want to insert a SUM function with a 3-D reference on the Qtr 2 worksheet. Click cell B12 and insert the SUM function with a 3-D reference to total the rent amount for all three months. Copy the function in cell B12 to the range B13:B20. |
10 |
|
8 |
To ensure consistency among worksheets, you will group worksheets and apply formatting. Display the April worksheet, group all four worksheets, and select the range A8:C23. Fill the formats only across the grouped worksheets to copy the font formatting, indents, and number formatting. Ungroup the worksheets. |
4 |
|
9 |
The Qtr 2 sheet contains cells containing April, May, and June text. You will insert hyperlinks to the respective worksheet data. Select cell E2 containing April, insert a hyperlink to cell C23 in the April worksheet, and include the ScreenTip with the text April balance. Select cell E3 containing May, insert a hyperlink to cell C23 in the May worksheet, and include the ScreenTip with the text May balance. Select cell E4 containing June, insert a hyperlink to cell C23 in the June worksheet, and include the ScreenTip with the text June balance. Click each cell to test the hyperlinks and correct any errors. |
11 |
|
10 |
Use the data in the four worksheets to enter data in the range E7:E12 in the Analysis section to provide either a text or a number that relates to the labels in the range F7:F12. |
6 |
|
11 |
You want to create a data validation rule to restrict the type of data the user enters. Display the April worksheet and create a data validation rule in cell B20. Allow decimal values that are less than or equal to $ 100. Create the input message title Miscellaneous Expense and input message The maximum miscellaneous expense is $100. (including the period). Create an error alert with the Stop style, error title Invalid Data, and error message You must enter a value less than or equal to $100. (including the period). Test the rule by trying to enter 500. The rule should prevent you from entering that value. Click Cancel to revert to the original $100 value. |
10 |
|
12 |
Create a footer with your name on the left side, the sheet name code in the center, and the file name code on the right side of all worksheets. |
4 |
|
13 |
Protect all four worksheets without a password to enforce the locked cells. |
8 |
|
14 |
You want to indicate that you finalized the workbook. Mark the workbook as final. Note: Mark as Final is not available in Excel for Mac. Instead, use Always Open Read-Only on the Review tab. |
0 |
|
15 |
Save and close Exp19_Excel_Ch09_ML1_Expenses.xlsx. Exit Excel. Submit the file as directed. |
0 |
|
Total Points |
100 |
Created On: 02/28/2022 1 Exp19_Excel_Ch09_ML1 - Expenses 1.1