MICROSOFT EXCEL

PRACTICAL EXERCISE 1.1

Using the data given, get the sum of all the figures within the range.
A B C D E F G
1 Mon Tue Wed Thur Fri TOTAL
2 Breakfast 3,560 3,186 2,952 3,395 3,436
3 Lunch 20,163 21,416 19,912 19,681 18,628
4 Bar 9,873 12,172 12,642 12,711 18,846
5 Snacks 2,405 3,544 2,694 3,120 3,712
6 TOTALS

PRACTICAL EXERCISE 1.2

Enter the data given below into a worksheet.
A B C D E
1 Stationery Supplies Ltd
2
3 Date SalesPerson Item Receipt No Amount
4 21-Nov Carl Toys 1238 1,782.10
5 26-Nov Carl Stationery 1255 4,853.55
6 26-Nov Carl Toys 1395 51.35
7 Carl’s Total
8 21-Nov John Cards 1141 91.15
9 24-Nov John Books 1982 442.60
10 21-Nov John Toys 1885 561.50
11 26-Nov John Toys 1875 62.75
12 John’s Total
13 22-Nov Judy Books 1032 234.50
14 26-Nov Judy Sports goods 1920 472.60
15 Judy’s Total
16 25-Nov Mary Toys 1774 364.15
17 Mary’s Total
18 22-Nov Susan Electronics 1160 52.95
19 23-Nov Susan Cards 1075 81.60
20 23-Nov Susan Others 1745 132.95
21 24-Nov Susan Sports goods 1662 2,580.10
22 Susan’s Total
23
24 Grand Total
(i). Calculate the totals for each salesperson and get the grand total.:
(ii). Format the worksheet as follows:
Make all the Totals bold, two decimal places, comma, center the title across columns A-E
and make it size 16, bold and Italic.
(iii). Put a double border round the whole table and a single line border inside the table.
(iv). Save the worksheet as Stationery Analysis.
PRACTICAL EXERCISE 1.3
Using the information given in the table below, calculate the total amount payable by the
company to the employees.
A B C D E
1 Services Company Ltd
2 Overtime Details
3 Date Name Hours Worked Rate Amount
4 26-Nov Kennedy 5 70 350.00
5 26-Nov Kennedy 5 100 500.00
6 26-Nov Mary 5 100 500.00
7 26-Nov Lewis 4 100 400.00
8 30-Nov Judy 3 100 300.00
9 30-Nov Kennedy 6 70 420.00
10 30-Nov Lewis 5 100 500.00
11 30-Nov Kennedy 4 70 280.00
12 30-Nov Judy 5 100 500.00
13 30-Nov Lewis 5 100 500.00
14 02-Dec Judy 4 70 280.00
15 Total Amount

PRACTICAL EXERCISE 1.4

A Payroll consists of Basic Pay, Allowances, Gross Salary, Deductions and Net Salary. The
Allowances are 23% of the Basic Pay while the Deductions are 12% of the Gross Salary.
In the given worksheet, indicate in each cell what will be inserted, that is – a value or a formula.
In the case of a formula, write down the formula in the cell.
A B C D E F
1 Stationery Supplies Ltd
2
3 Name Basic Pay Allowances Gross Salary Deductions Net Salary
4 Lewis
5 Francis
6 Edwin
. .
. .
. .
13 Totals
PRACTICAL EXERCISE 1.5
Assume you are the Accountant of Stationery Supplies Ltd. Below is the current payroll in the
workbook OLD PAYROLL.
OLD PAYROLL.
A B C D E F
1 Stationery Supplies Ltd.
2
3 Name Basic Pay Allowances Gross Salary Deductions Net Salary
4 Lewis 15,791 3,137 18,928 1,256 17,672
5 Francis 15,537 3,061 18,598 776 17,822
6 Edwin 15,506 3,051 18,557 999 17,558
7 Bernard 15,417 3,025 18,442 1,099 17,343
8 George 15,008 2,902 17,910 718 17,192
9 Albert 14,969 2,890 17,859 846 17,013
10 Edward 14,651 2,795 17,446 760 16,686
11 Cornell 14,618 2,785 17,403 663 16,740
12 John 14,553 2,765 17,318 558 16,760
13 Carl 14,508 2,752 17,260 706 16,554
14
15 Totals 150,558 29,163 179,721 8,381 171,340

The following salary review is given to you in the workbook INCREMENT.

INCREMENT
A B C
1 Name Current Pay % increase
2 Lewis 15,791 19%
3 Francis 15,537 19%
4 Edwin 15,506 22%
5 Bernard 15,417 18%
6 George 15,008 21%
7 Albert 14,969 17%
8 Edward 14,651 15%
9 Cornell 14,618 25%
10 John 14,553 19%
11 Carl 14,508 20%
12
13 Allowances
14 20%
Required:
Using formulas, you are required to update the payroll with the changes in a blank worksheet.
This new blank sheet is in the workbook NEW PAYROLL.
PRACTICAL EXERCISE 1.6
You are in charge of a young and growing business. You have identified the various factors
(sources of revenue and expenses) that influence the business as shown in the table below. Use
the figures provided and the layout to create a financial projection model for the business for the
next six years. The parameters are given on Sheet 2.
SHEET 1:
INCOME AND EXPENSES PROJECTIONS
1999 2000 2001 2002 2003 2004
Sales 10,000
% Growth over the previous year 20% 30% 20% 10% 10%

Materials
Wages
Other benefits
Others

Total Cost of Goods Sold

Salary: Office
Salary: Sales
Other Benefits
Advertising & Promotions
Depreciation
Miscellaneous

Total General & Admin. Expenses

Total Operating Costs

Interest on Loans

Pre-tax Income

Tax

Profit
SHEET 2:
Parameters Description
Sales 10,000 Starts at 10,000 and grows by a percentage
Materials 17% 17% of Sales
Wages 14% 14% of Sales
Other benefits 2.1% 2.1% of Sales
Others 8% Starts at 100, then grows by 8% yearly
Salary: Office 10% Starts at 1,000, then grows by 10% annually
Salary: Sales 8% 8% of Sales
Other Benefits 17% 17% of Total Salary
Advertising & Promotions 2.5% 2.5% of Sales
Depreciation 20 Fixed at 20 every year
Miscellaneous 10 Starts at 10 and grows by a fixed amount of 10 annually
 Interest on Loans 10 A fixed amount of 10 each year

Tax 52% 52% of Pre-tax Income

Exercise Instructions.
(i). Open the worksheet named Income and Expenses Projections.xls.
(ii). Rename Sheet1 as Projections while Sheet 2 should now be Parameters.
(iii). Calculate the Sales for the year 2000 using the percentage given in cell C5.
(iv). Copy the formula across to the Year 2004.
(v). Calculate the different items that make up the Total Operating Costs using the parameters
in the Parameters sheet.
(You should enter the formula for the Year 1999 and copy down to the year 2004. Use
Absolute Referencing effectively).
Hint: Total Cost of Goods Sold = Materials + Wages + Other Benefits + Others
(vi). Calculate the Total Operating Costs:
Total Cost of Goods Sold + Total General and Administrative Expenses.
(vii). Calculate the Interest on Loans:
(viii). Calculate the Pre-tax Income.
Sales – Total Operating Cost – Interest on Loans.
(ix). Calculate the Tax.
(x). Calculate the Profit:
Pre-tax Income - Tax.
(xi). Format the worksheet as follows:
Make all the Totals bold, zero decimal places, comma, center the heading between A1:G1
and make it size 16, bold.
(xii). Save the file as C:\Exams\Creative.xls