II

1. ' Case Problem 1

I Q.
Q. Gorecki Construction Stefan Gorecki is the owner of Gorecki Construction, a small construction
firm in Chester, Pennsylvania . He wants to use Excel to track his company's monthly income and
11 expenses and then use that information to create a monthly budget. Stefan has already entered
the raw data values but has asked to you to complete the workbook by adding the formulas and
functions to perform the calculations. Complete the following:
1. Open the Gorecki workbook located in the Excel3 > Casel folder, and then save the workbook
as Gorecki Budget in the location specified by your instructor.
2. In the Documentation worksheet, enter your name in cell B3 and the date in cell B4.
3. The budget values are entered based on the end-of-month values. In the Monthly Budget
worksheet, enter the date 31-Jan-18 in cell E4 and 28-Feb-18 in cell F4. Use AutoFill to fill in the
remaining end-of-month date in the range G4:P4.
4. Calculate the company's total monthly income by selecting the range E6:P7 and using the Quick
Analysis tool to insert the SUM function automatically into the range E8:P8.
s. Calculate the co":'pany's t~tal cost of goods sol~ by selecting values in range El 0:Pl land using
the Quick Analysis tool to insert the SUM function automatically into the range El 2:Pl 2.
6. In the range El 4:Pl 4, calculate the company's monthly gross profit, which is equal to the
difference between the monthly income and the monthly cost of goods sold.
7. Select the expenses entered in the range El 7:P26, and use the Quick Analysis tool to insert the
sum of the monthly expenses into the range E27:P27.
8. In the range E29:P29, calculate the company's net income equal to the difference between its
gross profit and its total expenses.
9. Select the values in t~e ran_ge E29:P29, and then use the Quick Analysis tool to insert a running
total of the company s net income into the range E30:P30.
1o. Calculate the_year-end !otals for ?II financial categories by selecting the range E6:P29 and
using the Quick Analysis tool to insert th~ su_m of each row into the range Q ,Q 2 9. Delete
6
the content of any cells that do not contain financial figures.

.,_ _,.
 Module 3 Performing Calculations with formulas and Functions I Excel EX 183

11 th
· :~~:t:n;:~ ly averages of each financi~I category to be displayed in range B6:B29.
f th ' en enter a formula that contains a nested function that first calculates the
1
e va duesll in the range E6:P6 and then uses the ROUND function to round that average
O
avehrage
to t e nearest 10 o ars (Hint· U 1 f h ·I
df · · se - or t e value of the num digits argument.) Use AutoF1I to
exten ormu 1a over the range B6:B29, deleting any cells corresponding to empty values.
12. Save and close the workbook.

f Case Problem 2
Data File needed for this Case Problem: Capshaw.xlsx
a.
a. Capsh~w Family Dentistry Carol Lemke is a new receptionist at Capshaw Dentistry in East Point,
,( Georgia. She wants to get a rough estimate of what her take-home pay would be after deductions for
federal and local taxes. She asks you to set up an Excel worksheet to perform the wage calculations
for a sample two-week period. Carol already entered the work schedule and several tables containing
the federal and state tax rates but needs you to insert the formulas. (Note: The tax rate tables and
formulas used in this example are a simplified version of the tax code and should not be used to
calculate actual taxes.) Complete the following:
1. Open the Capshaw workbook located in the Excel3 > Case2 folder, and then save the workbook
as Capshaw Wages in the location specified by your instructor.
2. In the Documentation worksheet, enter your name in cell B3 and the date in cell B4.
3. In the Work Schedule worksheet, enter the following information in the range B5:B9: Name
Carol Lemke; Hourly Rate $16.25; Federal Marital Status Single; State Marital Status Single; and
Withholding Allowances 1
4. In cell D6, enter the date 4/10/2017. Use AutoFill to fill in the next day weekdays in the range
D6:Dl 5. (Hint: Click the AutoFill options button after dragging the fill handle, and then select
the Fill Weekdays option button.)
5. In cell G6, calculate the total hours worked on the first day, which is equal to the difference
between cell F6 and cell E6 multiplied by 24.
6. Carol will get overtime wages when she works more than eight hours in a day. Calculate the
non-overtime hours in cell H6 by using the MIN function to return the minimum of the value in
cell G6 and the value 8.
7. In cell 16, calculate the amount of overtime hours by using the IF function to test whether cell
G6 is greater than 8. If it is, return the value cell G6 minus 8; otherwise, return the value 0.
8. In cell J6, calculate the salary due on the first day. The salary due is equal to the Straight lime
worked multiplied by the hourly rate in cell B6 plus the Overtime multiplied by the hourly rate
times 1.5 (Carol will receive time-and-a-half for each overtime hour.) Use an absolute reference
to cell B6.
9. Select the range G6:J6, and then use AutoFill to copy the formulas into the range G7:J15 to
calculate the salary for each of the ten days in the table.
10. In cell Bl 1, calculate the total straight time hours worked by summing the values in column H.
In cell Bl 2, calculate the total overtime hours by summing the values in column I. In cell Bl 3,
calculate the total hours worked by summing the value in column G. In cell B14, calculate the
total payments by summing the values in column J.
11 . In cell Bl 7, calculate the amount of federal tax by multiplying the Total Pay value in cell
B14 by the appropriate federal tax rate for an employee with the marital status in cell B7 and
withholding allowances in cell B9. (Hint: Use the VLOOKUP function with an exact match
lookup for the lookup table in the range L6:W8. For the Col_index_num argument, use the value
of cell B9 plus 2.)
12. In cell Bl 8, calculate the Social Security tax equal to the value of cell B14 multiplied by the tax
rate in cell Ml 6.
 Excel I Module 3 Performing Calculations with Formulas and Functions

13. In cell B19, calculate the Medicare tax equal to the value of cell Bl 4 multiplied by the tax rate
in cell M17.
14. In cell B_20, calculate the amount of Georgia state tax by multip_lying the value o_f cell Bl 4 by the
appropriate state tax rate in the range L12:Wl 4 lookup table using the state marital status in cell
B8 and the withholding allowance in cell B9. (Hmt: Use the same type ofVLOOKUP function a
5
you did in Step 1Oto retrieve the correct state tax rate.)
15. In cell B22 , calculate the total deduction from pay by summing the values in the range
Bl 7:B20. In cell B23 , calculate the withholding rate by dividing cell B22 by the total pay in
cell B14.
16. In cell B24, calculate the take-home pay from subtracting the total withholding in cell B22 from
cell B14.
1 7. Carol wants her take-home pay for the two weeks that she works in the_ sample schedule to be
$1000. Use Goal Seek to find the hourly rate in cell B6 that w,11 result in a take-home pay value
of $1000.
18. Save and close the workbook.

C a se Problem 3
w Data File needed for this Case Problem: Biology.xlsx
'-'
z Biology 221 Daivi Emani teaches biology and life sciences at Milford College in White Plains,
w New York. She wants to use Excel to track the test scores and calculate final averages for the students
....I
....I in her Biology 221 class. She has already entered the homework, quiz, and final exam scores for
<( 66 students. The overall score is based on weighted average of the individual scores with homework
J: accounting for 10 percent of the final grade, each of three quizzes accounting for 20 percent,
u and the final exam accounting for 30 percent. To calculate a weighted average you can use the
SUMPRODUCT function
SUMPRODUCT(arrayl,array2)

where arrayl is the range containing the weights assigned to each score and array2 is the range
containing the scores themselves.
Daivi also wants you to calculate each student's rank in the class based on the student's weighted
average. Ranks are calculated using the RANK function
RANK(nwnber,ref(,order-0])

where number is the value to be ranked, ref is a reference to the range containing the values
against which the ranking is done, and order is an optional argument that specifies whether to
rank in descending order or ascending order. The default order value is Oto rank the values in
descending order.
Finally, you will create formulas that will look up information on a particular student based on that
student's ID so that Daivi doesn't have to scroll through the complete class roster to find a particular
student. Complete the following:
1. Open the Biology workbook located in the Excel3 > Case3 folder, and then save the workbook
as Biology Grades in the location specified by your instructor.
2. In the Documentation worksheet, enter your name in cell B3 and the date in cell B4.
3. In the Biology Grades worksheet, in cell BS, calculate the number of students in the class by
using the COUNTA function to count up the student IDs in the H column and subtracting 1 from
that value (so as to not include cell H2 in the count).
4. In the range B8:F8, enter the weight values 10%, 20%, 20%, 20%, and 30% .
5. In the range B9:F9, calculate the average of the numbers in columns K, L, M, N, and O.
6. In the range BlO:Fl 0, calculate the minimum values in the corresponding student score
columns .
 Module 3 Performing Calculations with Formulas and Functions I Excel EX 185

7. In the range B11 :Fl 1, use the MEDIAN function to calculate the midpoint of each of the student
scores.
8. In the range B 12:Fl 2, calculate the maximum values for each of the student scores.
@ Explore 9. In cell P3, use the SUMPRODUCT function to calculate the weighted average of
the scores for the first student in the lisL Use an absolute reference to the range B8:FB for the
arrayl argument, and use the relative reference to the student scores in the range K3 :O3 for the
array2 argument.
@Explore 10. In cell Q3, use the RANK function to calculate the first student's rank in class. Use
cell P3 for the number argument and column P for the ref argument. You do not to specify a
value for the order argument.
11 . Calculate the weighted average and ranks for all of the students by using AutoFill to copy the
formulas in the range P3 :Q3 to the range P3 :Q68.
12. In cell B15, enter the student ID 602-1-99 for Lawrence Fujita.
13. In cell B16, use the VLOOKUP function with the student ID from cell B15 to look up the first
name of the student matching that ID. Use the range H:Q as the reference to the lookup table,
and retrieve the third column from the table.
14. In the range B17:B24, use lookup functions to retrieve the other data for the student ID entered
ince11B15.
15. Test theVLOOKUP function by adding other student IDs in cell Bl 5 to confirm that you can
retrieve the record for any student in class based on his or her student ID.
16. Manuel Harmon was not able to take the final exam because of a family crisis. Daivi is
scheduling a makeup exam for him. A weighted average of 92.0 will give Manuel an A for the
course. Use Goal Seek to determine what grade he would need on the final to get an A for
the course.
17. Save and close the workbook.

,,,, Case Problem 4

..,..,
w store she runs out of her home in Fort Smith, Arkansas. To help her manage her inventory and orders,
she wants to develop an Excel worksheet for recording orders. The worksheet needs to calculate
the cost of each order, including the cost of shipping and sales tax . Shipping costs vary based on
<C
J: whether the customer wants to use standard, three-day, two-day, or overnight shipping. Diane will
u also offer free shipping for orders that are more than $250. The shipping form worksheet will use
lookup functions so that Diane can enter each product's ID code and have the name and price of the
product automatically entered into the form. To keep the worksheet clean without distracting error
values when no input values have been entered, you'll use IF functions to test whether the user has
entered a required value first before applying a formula using that value. Complete the following:

1. Open theCairn workbook located in the Excel3 > Case4 folder, and then save the workbook as
Cairn Camping in the location specified by your instructor.
2. In the Documentation worksheet, enter your name in cell B3 and the date in cell B4.
3. In the Order Form worksheet, enter the following sample order data: Customer Dilde Kaufmann;
Order Number 381; Order Date 4/5/2018; Street 414 Topeak Lane; City Fort Smith; State AK;
ZIP 72914; Phone (479) 555-2081; and Delivery Type 3 Day.
Explore 4. In cell B17, calculate the number of delivery days for the order. Insert an IF function
that first tests whether the value in cell B16 is equal to an empty text string('"'). If it is, return an
empty text string; otherwise, apply a lookup fun ction to retrieve the lookup value from the table
in the range FS:H8 using the value of cell B16 as the lookup value.
 EX 186 Excel I Module 3 Performing Calculations with Formulas and Functions

@ Explore 5. In cell B 18, estimate the date of weekday deliver~ ~y inserting an IF function
that tests whether cell B 16 is equal to .an e~pty text string._If it is, return an em~ty text string,
otherwise apply the WORKDAY function using the values in cell B6 as th e starting date and cell
Bl 7 as the number of days.
6. In cell 013, enter p4981 as the initial item ordered by the cuStomer. In cell Gl 3, enter 2 as the
number of items ordered.
7. In cell El 3, enter an IF function that tests whether the value in cell Dl 3 is equal ~o an empty
text string. If true, return an empty text string. If false, apply the VLOOKUP function to return the
name of the product ID entered into cell Dl3.
8. In cell Fl 3, enter another IF function that tests whether the value in cell Dl 3 is equal to an
empty text string. If true, return an empty text string. If false, return the price of the product ID
entered in cell D13 .
ii 9 . In cell Hl 3, enter another IF function to test whether the value in cell Dl 3 is equal to an empty
I. text string. If true, return an empty text string; otherwise, calculate the value of the price of the
item multiplied by the number of items ordered.
I 10. Copy the formula in the range El 3:Fl 3 to the range El 3:F20. Use AutoFill to copy the formula
from cell H13 into the range H13:H20.
11 . In cell H22, calculate the sum of the values in the range Hl 3 :H20.
12. In cell H23, calculate the sales tax equal to the total cost of the items ordered multiplied by the
sales tax rate in cell Gl 0.
13. In cell H24, calculate the shipping cost of the order by inserting an IF function that tests whether
the value of cell Bl 6 is an empty text string. If it is, return the value O; otherwise, use a lookup
function to return the shipping cost for the indicated shipping method.
14. In cell H25, insert an IF function that tests whether the value of cell H22 is greater than 250 (the
minimum order needed to qualify for free shipping). If it is, return a value of cell H24; otherwise,
return a value of 0.
15. In cell H27, calculate the total cost of the order by summing the values in the range H22:H24
and subtracting the value of cell H25.
16. Complete the customer order by adding the following items: Item t7829 and Qty 1;
Item led7331 and Qty 3; and Item sb8502 and Qty 5.
17. Confirm that your worksheet correctly calculates the total cost, and then save your workbook.
18. Save the workbook as Cairn Order Form in the location specified by your instructor.
19. Create a blank order form sheet by deleting the input values in the ranges B4:B6, B9:Bl 3, Bl 6,
D13:Dl 6, G13:G16. Do not delete any formulas in the worksheet. Confirm that the worksheet
does not show any error values when the input data is removed.
20. Save and close the workbook.