Question

You have recently become the CFO for Beta Manufacturing, a small cap company that produces auto parts

EX16_XL_COMP_GRADER_CAP_AS - Manufacturing 1.6

 

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
ItemQuantityTotal ValueWarehouse
1001500040000A
2002350035000A
3003250030000B
4004400022000C
5005100018000D



1 0
Add a comment Improve this question Transcribed image text
✔ Recommended Answer
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.


answered by: deephole

> 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.

nyxoxoxo21 Tue, May 11, 2021 8:44 PM

> The function does not calculate the deduction for those who have more than 4 dependents

Nabhan Awan Tue, Nov 16, 2021 12:57 PM

Add a comment
Answer #2
I have questions about my assignments
answered by: Teddy
Add a comment
Know the answer?
Add Answer to:
You have recently become the CFO for Beta Manufacturing, a small cap company that produces auto parts
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Ensure that the Facilities worksheet is active. Use Goal Seek to reduce the monthly payment in...

    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. 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 = .0575          B8 = 5              E6 = 312227.32 Bad B7 = .0700    B8 =...

  • Instructions: For the purpose of grading the project you are required to perform the following tasks:...

    Instructions: For the purpose of grading the project you are required to perform the following tasks: Step Instructions Points Possible 1 Download and open the file named exploring_e07_grader_a1_Sales.xlsx, and then save the file as exploring_e07_grader_a1_Sales_LastFirst, replacing LastFirst with your name. 0 2 On the Sales worksheet, enter a date function in cell C8 to calculate the number of years the first representative has worked for your company. Copy the function to the range C9:C20. 7 3 On the Sales worksheet,...

  • Oject Description: u own five apartment complexes. You created a dataset listing the apartment nu...

    please post with pictures of step by step solution oject Description: u own five apartment complexes. You created a dataset listing the apartment numbers, apartment complex mes, as last remodeled. You want artments need to number of bedrooms, rental price, whether the apartment is occupied or not, and the date the apartment to insert some functions to perform calculations to help you decide which be remodeled. To focus on the apartments that need to be remodeled, you will use vanced...

  • I have completed these but wanting to compare such as Question 14. Is the word "Total"...

    I have completed these but wanting to compare such as Question 14. Is the word "Total" added in the row or written as "Average" or "Total Average" Also Question 8 is not clear what fill color. Is it supposed to stay as blue and just select gradient fill? Very unclear questions. Thank you. Question: EX16_XL_VOL1_GRADER_CAP_AS – Travel Vacations 1.4 ( Excel, Chapter 4) Project Description: 1 Start Excel. Download and open the file named exploring_ecap_grader_a1.xlsx. 2 On the DC worksheet,...

  • In this project, you will work with sales data from Top’t Corn, a popcorn company with...

    In this project, you will work with sales data from Top’t Corn, a popcorn company with an online store, multiple food trucks, and two retail stores. You will begin by inserting a new worksheet and entering sales data for the four food truck locations, formatting the data, and calculating totals. You will create a pie chart to represent the total units sold by location and a column chart to represent sales by popcorn type. You will format the charts, and...

  • Ensure that the Facilities worksheet is active. Use Goal Seek to reduce the monthly payment in...

    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. Insert Draw Page Layout FormulasData Rev ew View Help Tell me what you want o 2b Wrap Text 11A A Format as Coll 00 0 Formatting- Table Styles nsert Delete Format Sert Find & Filter Select Paste - Merge&r% Colls Cliphoand 41 Facility Amortization Table...

  • how doni do this in excel and what is the interest rate? Suppose that you wish to purchase a car and that your bank...

    how doni do this in excel and what is the interest rate? Suppose that you wish to purchase a car and that your bank is offering to you a loan. You wish to explore the nature of this loan and the payments that you would have to make given certain circumstances such as the amount that you borrow. Fortunately, Excel offers a function (PMT) that calculates the payment for a loan based on constant payments and a constant interest rate....

  • Hello, I need some help with some Excel formulas. a. Open Excel_Ch11HW.xlsx and save it as...

    Hello, I need some help with some Excel formulas. a. Open Excel_Ch11HW.xlsx and save it as Excel_Ch11HW_LastNameFirstName. b. Click cell H4, the cell containing the ending date for the first loan. Enter the formula to compute the ending date, based on the starting date and the term of the loan. For the sake of simplicity, you don’t have to account for leap year. To compute the ending date, multiply the term of the loan by 365 and add that result...

  • This worksheet will compute the monthly value of an amortized loan for 36 months. This will...

    This worksheet will compute the monthly value of an amortized loan for 36 months. This will be a worksheet in which the loan value or principal, interest rate, and monthly payment can be changed and the worksheet will automatically update. Within the worksheet there will be some absolute cell referencing that is needed and some relative cell referencing that is needed. You will need to determine which is appropriate. Title the worksheet "Amortization of Car Loan" in cell A1. Leave...

  • Re-save the file to either your desktop or other storage device using the name“firstName_LastName_L4_Titan_Property”. (Note firstName...

    Re-save the file to either your desktop or other storage device using the name“firstName_LastName_L4_Titan_Property”. (Note firstName and LastName are your own first and last names). The upper left area of the worksheet is a Payment Calculator. Use a function to calculate the monthly payment (D7) using the data provided. In the Payment Calculator, use “Goal Seek” to keep the payment per month at $3,000 by increasing thedown payment. Copy the info from B4:B8 and paste to cells B10:B14. Copy D4:D7...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT