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EX16_XL_CH02_GRADER_CAP_HW - Inland Jewelers 1.5 Project Description: You are an

ID: 3844859 • Letter: E

Question

EX16_XL_CH02_GRADER_CAP_HW - Inland Jewelers 1.5

Project Description:

You are an account manager for Inland Jewelers, a regional company that makes custom class rings for graduating seniors. Your supervisor requested a workbook to report on new accounts created on payment plans. The report should provide details on total costs to the student as well as payment information. Each ring financed has a base price which can fluctuate based on ring personalization.

Instructions:

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

Step

Instructions

Points Possible

1

Start Excel. Download and open the file named exploring_e02_grader_h1.xlsx.

0.000

2

Insert a function in cell B2 to display the current date from your system.

10.000

3

With cell B2 selected, set the width of column B to AutoFit.

2.000

4

Insert a Lookup function in cell C5 to display the ring cost for the first student.

14.000

5

Copy the formula from cell C5 to the range C6:C11.

6.000

6

Apply Accounting number format to the range C5:C11.

3.000

7

Insert an IF function in cell E5 to calculate the total due. If the student has chosen to personalize the ring, there is an additional charge of 5% located in cell B21 that must be applied; if not, the student only pays the base price. Use appropriate relative and absolute cell references.

14.000

8

Copy the formula from cell E5 to the range E6:E11.

6.000

9

Apply Accounting number format to the range E5:E11.

3.000

10

Insert a function in cell G5 to calculate the first student's monthly payment, using appropriate relative and absolute cell references.

14.000

11

Copy the formula from cell G5 to the range G6:G11.

7.000

12

Apply Accounting number format to the range G5:G11.

3.000

13

Calculate totals in cells C12, E12, and G12.

7.000

14

Apply Accounting number format to the cells C12, E12, and G12, if necessary.

2.000

15

Set 0.3" left and right margins and ensure the page prints on only one page.

5.000

16

Insert a footer with your name on the left side, the sheet name in the center, and the file name on the right side.

4.000

17

Save the workbook. Close Excel. Submit the file as directed by your instructor.

0.000

100.000

Step

Instructions

Points Possible

1

Start Excel. Download and open the file named exploring_e02_grader_h1.xlsx.

0.000

2

Insert a function in cell B2 to display the current date from your system.

10.000

3

With cell B2 selected, set the width of column B to AutoFit.

2.000

4

Insert a Lookup function in cell C5 to display the ring cost for the first student.

14.000

5

Copy the formula from cell C5 to the range C6:C11.

6.000

6

Apply Accounting number format to the range C5:C11.

3.000

7

Insert an IF function in cell E5 to calculate the total due. If the student has chosen to personalize the ring, there is an additional charge of 5% located in cell B21 that must be applied; if not, the student only pays the base price. Use appropriate relative and absolute cell references.

14.000

8

Copy the formula from cell E5 to the range E6:E11.

6.000

9

Apply Accounting number format to the range E5:E11.

3.000

10

Insert a function in cell G5 to calculate the first student's monthly payment, using appropriate relative and absolute cell references.

14.000

11

Copy the formula from cell G5 to the range G6:G11.

7.000

12

Apply Accounting number format to the range G5:G11.

3.000

13

Calculate totals in cells C12, E12, and G12.

7.000

14

Apply Accounting number format to the cells C12, E12, and G12, if necessary.

2.000

15

Set 0.3" left and right margins and ensure the page prints on only one page.

5.000

16

Insert a footer with your name on the left side, the sheet name in the center, and the file name on the right side.

4.000

17

Save the workbook. Close Excel. Submit the file as directed by your instructor.

0.000

100.000

B2 Inland Jewelers 2 Date Name Ring Type Cost Personalized Total 5 Dodson Silver Yes 6 Jones Gold 7 Clarke Titanium No 8 Range Platinum 9 McKinley Platinum 10 Broadnax Gold 11 Burch Titanium Yes 2 Totals 15 Ring Type Cost 400.00 16 Silver 550.00 17 Gold 18 Titanium 700.000 19 Platinum 750.000 Personalizing 5% Surcharge nterest Rate 3% 23 Monthly Payment

Explanation / Answer

I'm going to Write the instructions step-by-step :

1. Download the file as mentioned and open it

2. Click on cell B2, type the following combination : Ctrl + ;

3. Click on cell B2, go to Home -> Format -> Autofit Column Width

4. Go to Cell C5, type the following formula: =VLOOKUP(B5,$A$16:$B$19,2,FALSE)

5. Drag down the formula from C5 through C11 and the formula will adjust automatically for the subsequent cells

6. Select the range C5 through C11, Go to Home -> and in the number format drop down list, select the format as Accounting.

7. Go to Cell E5, Type the formula: =IF(D5="Yes",C5+($B$21*C5),C5)

8. Drag down the formula from E5 through E11 and the formula will adjust automatically for the subsequent cells

9. Select the range E5 through E11, Go to Home -> and in the number format drop down list, select the format as Accounting.

10. Go to cell G5, Type the formula : =E5/(12*F5)

11. Drag down the formula from G5 through G11 and the formula will adjust automatically for the subsequent cells

12. Select the range G5 through G11, Go to Home -> and in the number format drop down list, select the format as Accounting.

13. Go to cell C12 and type the formula: =SUM(C5:C11)
Go to cell E12 and type the formula: =SUM(E5:E11)
Go to cell G12 and type the formula: =SUM(G5:G11)

14. Select the Cells C12, E12 and G12, Go to Home -> and in the number format drop down list, select the format as Accounting.

15.Go to Tab Page Layout->Margins->Custom Margins->Set Left and Right Margins as 0.3". Click Ok. Now select the range A1 to G22, and in the Page layout tab, click on page area and select the option 'Set Print Area'.

16. Click on Insert-> Header & Footer-> Click on Footer-> Choose the option that has 3 values to write. In the leftmost field, Enter your name, in the middle field, Enter &[tab] , and in the rightmost field, enter &[Path]&[File]

17. Click on File->Save.

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