Posted: October 27th, 2022

Exp19_Excel_Ch09_ML1_Expenses

April

.00

Savings 100.00

.00

100.00

Savings
Beginning Savings Balance $ 300.00
Monthly Savings Added 100
Ending Savings Balance
Income
Salary $ 2,400.00
Expenses
Rent $ 1,

100.00
Utilities 127.15
Cell Phone 55.22
Groceries 389.75
Car Payment 275
Auto Expense 84.93
Entertainment 54.75
Miscellaneous
Total Expenses 2,286.80
Difference $ 113.20

May

Savings

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Beginning Savings Balance

Monthly Savings Added 100.00
Ending Savings Balance
Income

Salary

Expenses

Rent

Utilities

Savings 100

Cell Phone 55.22

Groceries

Car Payment 275
Auto Expense

Entertainment

Miscellaneous

Total Expenses

Difference

2400
1100
115.64
384.18
71.64
45.31
95
2241.99
158.01

June

Savings
Beginning Savings Balance
Monthly Savings Added 100.00
Ending Savings Balance
Income
Salary 2400
Expenses
Rent 1100

Utilities

Savings 100
Cell Phone 55.22

Groceries

Car Payment 275

Auto Expense

Entertainment

Miscellaneous

Total Expenses

Difference

131.18
395.31
104.35
45.18
455
2661.24
-261.24

Qtr 2

April
Savings May
Ending Savings Balance June
Income

Salary

Expenses

Rent

Utilities

Savings

Cell Phone
Groceries
Car Payment
Auto Expense
Entertainment
Miscellaneous
Total Expenses
Difference
2nd Quarter Totals Monthly Data
Analysis
Month with highest positive difference in cell C23
Month with highest negative difference in cell C23
Difference after three months in cell C23 in Qtr 2
1st highest total expense category in Qtr 2
2nd highest total expense category in Qtr 2
Number of expense categories identical each month

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: 10/16/2019 1 Exp19_Excel_Ch09_ML1 – Expenses 1.0

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