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Devry bis 155 final exam guide
1. DEVRY BIS 155 Final Exam Guide (Cool Clocks, Inc.) NEW
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BIS 155 Final Exam Guide (Cool Clocks, Inc.) NEW
BIS155 Practical Final Exam Instructions 1 for Cool
Clocks, Inc. (v2)
Complete the tasks below using Microsoft Excel. You
may refer to your notes, the textbook, or other
resources (for example, you may search the Web for
information). You may not get interactive help from any
other person (either in person or via email, text
messaging, IM, or other communications channels). I
strongly recommend that you save your work
frequently.
1. Formatting and charts (TCOs 1 & 3; 40 points)
2. a. Enter your name and today's date on the
Documentation sheet
b. Select the Q1&Q2 sheet, and adjust the widths of the
columns as needed
c. Center the title "Cool Clock, Inc. Sales by Product"
across columns A-D, increase the font size to 20, and
change the font color to red.
d. Bold the column headings "Product", "Unit Price",
"Quantity" and "Total Sales".
e. Add formulas to the Total Sales column to calculate
the total sales for each product.
f. Add a grand total at the bottom of the Total Sales
column, in cell D8.
g. Format the numbers in the Unit Price and Total Sales
columns as accounting or currency format with a dollar
sign and two decimal places.
h. Create a 3-D pie chart on a separate sheet that
displays the percentage of total sales for each product &
the product name. (Do not include the grand total in the
pie chart!).
i. Make the title of the chart & the worksheet tab "Total
Sales by Product".
j. Place each product percentage of sales inside its pie
slice.
k. Place a legend for all products on the right side of the
chart.
l. Move the sheet named “Total Sales by Product” with
the pie chart immediately after the Q1&Q2 sheet.
m. Save your work (CTRL+s) - (but leave it open to
continue).
3. 2. Formulas and applications (TCOs 2 & 7; 40 points).
a. On the Q1&Q2 sheet, in cell E8, add a formula using a
lookup function that will look up the grand total in cell
D8 in the table of sales and assessments in A11:B13, and
display the corresponding assessment. Use a range
lookup. (For example, if the grand total of $12,500 is
displayed in cell D8, "Good" should be displayed in cell
E8.)
b. In cell E9 enter the label Highest Sales. In F9 enter a
formula using a function to display the highest total
sales value for any product.
c. In cell E10 enter the label Lowest Sales. In F10 enter a
formula using a function to display the lowest total sales
value for any product.
d. In cell E11 enter the label Average Sales. In F11 enter
a formula using a function to display the average total
sales value for all products.
e. Format the labels and statistics (Highest Sales, Lowest
Sales, and Average Sales) to display an outline (exterior
border) around these cells for readability. Resize all
columns for visibility.
f. Add comments to cells F9, F10, and F11. In your
comments, explain briefly in your own words what is
displayed in each cell.
g. Add gridlines and cell formatting and color formatting
to cells A10:B13.
h. Add a top and double bottom border to cell D8.
i. Protect the worksheet so the contents cannot be
accidentally changed by a user. Do not use a password.
4. j. Save your work (CTRL+s) - (but leave it open to
continue).
3. Data cleansing, lists, sorting, conditional formatting,
and pivot tables (TCOs 4 & 8; 40 points).
a. On the Q3 sheet, adjust the widths of the columns as
needed.
b. Column C contains each customer’s combined first
and last name. Insert two empty columns to the right of
column C, and use an Excel feature to separate the
customers’ first names and last names into the new
columns. In the first row, label the new columns
Customer First Name and Customer Last Name. After
doing this, delete the original Customer Name column.
Resize the columns.
c. Convert the list of orders (A1 – J21) into an Excel table.
d. Sort the table into descending order (highest to
lowest) by Order Amount.
e. Apply conditional formatting to the Order Amount
column so that order amounts greater than $100 are
highlighted in green.
f. Convert the table back into a range.
g. Create a pivot table on a new worksheet that uses
Customer Country as the row field, Product as the
column field, and the sum of Order Amount as the
values.
h. Place this sheet immediately after the Q3 sheet,
labeled Q3-Pivot.
5. i. Format the cells in the Pivot table using all borders
with accounting or currency format with 2 decimal
places. Add gridlines to the Pivot table.
j. Save your work (CTRL+s) - (but leave it open to
continue).
4. Data consolidation, analysis, and reporting (TCOs 5 &
9; 40 points)
a. Group the four sheets Q4 East, Q4 Central, Q4 West,
and Q4 Summary.
b. While the sheets are grouped, bold the labels in row 1
and column A, and format the values in cells B2:E5 as
currency with no decimal places. Resize all columns.
c. Ungroup the sheets (very important!).
d. On the Q4 Summary sheet, use 3D formulas to create a
summary that displays the totals for each product and
quarter over all 3 regions (East, Central, and West).
e. Create a clustered column chart that shows total sales
of each product in each quarter. Each cluster should
represent a quarter, and each individual column should
represent sales of a product within that quarter. Place
your chart on the Q4 Summary sheet to the right of the
data. Give the chart an appropriate title.
f. Add a trend line to the chart to show how sales of
alarm clocks are changing over time.
g. In the space provided on the Q4 Summary sheet, write
a brief (2-3 paragraph) analysis report to the manager
of the Cool Clocks business. In your report, explain your
findings on the trend in sales of alarm clocks, and any
other patterns you observed in sales of the product
6. categories; and recommend at least one specific action
that Cool Clocks should take regarding the alarm clocks
product line.
h. Save your work (CTRL+s) - (but leave it open to
continue).
5. What-if analysis (TCO 6; 40 points)
a. On the Q5 sheet, please format the Title row at the top
of the worksheet stating “Detailed Sales What-if
Analysis”. Make sure it is centered across columns A – G
and has a heading format.
b. Enter formulas in cells B6, B7, and B8 to calculate the
total sales, total cost, and net income for a new product
line, based on the projected unit sales, unit price and
unit cost provided.
c. Adjust column widths as needed and format all values
except unit sales as currency with no decimal places.
d. Complete the one-variable data table under the
heading “Effect of Varying Unit Sales on Total Sales,
Total Cost, and Net Income” to calculate the total sales,
total cost and net income for projected sales of 80, 90,
100, 110, and 120 units.
e. Complete the two-variable data table under the
heading “Effect on Net Income of Varying Unit Sales and
Unit Price” to calculate the net income for projected
sales of 80, 90, 100, 110, and 120 units at unit prices of
$4, $5, $6, $7, and $8.
f. Format cells A3 – B8 with a thick box border.
7. g. Format the one-variable data table with themed cell
style. Make sure the Initial values, Total Sales, Total
Cost and Net Income have an accent color.
h. Format the two-variable data table with a themed cell
style. Make sure the initial values for the horizontal and
vertical have an accent color.
i. Add conditional formatting to the one-variable data
table. Format the top 10% with green fill. Format the
bottom 10% with red fill.
j. Save your work (CTRL+s) and close.