Exp22_Excel_Ch01_HOE_Souvenirs
Exp22 Excel Ch01 HOE Souvenirs
Excel Chapter 1 Hands-On Exercise – Celebrity Musician’s Souvenir Shop
Project Description:
As the assistant manager of Celebrity Musician’s Souvenir Shop, you want to calculate the retail price, sale price, and profit analysis for selected items on sale this month. You will calculate sale prices based on discount rates. Finally, you will calculate the profit margin to determine the percentage of the final sale price over the cost. You will check the spelling, use Auto Fill to complete a sequence for product codes, and find and replace text. In addition, you will adjust column and row settings, move and copy data, format the worksheet, and apply Page Setup options.
Start Excel. Download and open   the file named Exp22_Excel_Ch01_HOE_Souvenirs.xlsx.   Grader has automatically added your last name to the beginning of the   filename.
You notice that the worksheet   contains some spelling errors that need to be corrected.
Use Excel to check and correct the spelling errors in the worksheet.
You want to use Auto Fill to   enter a series of codes to create the product numbers.
Enter 101   in cell B5 and   use Auto Fill to complete the sequence for the range B6:B10 with a series.
To motivate customers to buy   more products, you want to change the 5% (0.05) off to 10% (0.10) off.
Find all occurrences of 0.05 and replace them with 0.10.
Column C contains the cost of   each product, and column D contains the markup rate. Using these values, you   will calculate the markup amount for each product in column E.
In cell E5, enter a formula to calculate the markup amount, which is the   result of multiplying the cost by the markup rate. Copy the formula to the   range E6:E10.
Now that you have calculated the   markup amount, you can calculate the retail price for each product in column   F.
In cell F5, enter a formula to calculate the retail price, which is the sum   of the cost and the markup amount. Copy the formula to the range F6:F10.
Each item is on sale this week.   The sale price is X percent off the retail price. You need to calculate the   sale price.
In cell H5, calculate the sale price. Copy the formula down the range H6:H10.
The profit margin is the ratio   of the net profit as a percentage of revenue. The formula first calculates   the net profit between the sale price and the cost and divides that by the   sale price.
In cell I5, enter a formula to calculate the profit margin. Copy the formula   to the range I6:I10.
You decide to add a column to   display the profit. Because profit is a dollar amount, you want to keep the   profit column close to another column of dollar amounts. You will insert a   column for the profit amount and enter the column heading.
Insert a new column I and enter Profit Amount in cell I4.
Now you are ready to enter the   profit amount formula.
In cell I5, enter a formula to calculate the profit, which is the difference   between the sale price and original cost. Copy the formula to the range   I6:I10.
You want to insert two rows for   category names above their respective products. Then you want to delete the   row containing the Soundtrack CD.
Insert a new row 5 and type Apparel in cell A5. Insert a new row 8 and enter Souvenirs in cell A8. Bold the words in   cells A5 and A8. Delete row 11 containing the Soundtrack CD.
Column A is too narrow for the   product names. You want to increase the width. In addition, you want to   increase the height for the first row. Finally, you decide to hide the   product code column.
Increase the width of column A to 23.00. Change the height of row 1 to 30. Hide
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