Central Sierra Insurance (CSI) sets bonus percentages based on commissions earned by each agent and calculates totals by branch office. This workbook also tracks fundraising efforts of employees for a community event. [Student Learning Outcomes 2.1, 2.2, 2.3, 2.5, 2.6, 2.7] File Needed: CentralSierra-02.xlsx (Available from the Start File link.) Completed Project File Name: [your name]-CentralSierra-02.xlsx Skills Covered in This Project Create, copy, and edit formulas. Name cell ranges. Set mathematical order of operations. Set cell references to be absolute. Use the NOW function. Use HLOOKUP and VLOOKUP Use the SUMIF function. Build an IF function. Open the start file CentralSierra-02.xlsx workbook. If the workbook opens in Protected View, click the Enable Editing button so you can modify it. The file will be renamed automatically to include your name. Change the project file name if directed to do so by your instructor, and save it. Select the Tables sheet, select cells A6:B10 , and create range names using the Create from Selection button [ Formulas tab, Defined Names group]. Select cells B1:F2 and click the Name box. Name the selection H_Rates. Note that the first row is arranged in ascending order. Create an HLOOKUP function to display the bonus rate. Click the Commissions sheet tab and select cell F5 . Start the HLOOKUP function and use cell E5 as the lookup_value . For the table_array argument, use the H_Rates range. Use the second row for the row_index_num argument (Figure 2-100). Figure 2-100 HLOOKUP function to display bonus Format the results as Percent Style with two decimal places. Copy the formula in cell F5 to cells F6:F14 . Set order of operations to calculate total earnings. Select cell G5 . Build a formula to add the commissions amount (E5) to the commissions amount times the rate (F5*E5). Copy the formula in cell G5 to cells G6:G14 . Create and copy a SUMIF function to calculate total earnings by branch office. Select cell E18 . Start the SUMIF function with cells $D$5:$D$14 as the Range argument. Set the Criteria argument as a relative reference to cell C18 . Select cells G5:G14 for the Sum_range argument and make the references absolute. Copy the formula in cell E18 to cells E19:E20 without formatting to preserve borders. Format cells E18:E21 as Currency . Total the earnings in cell E21 . Create and format the current date. Select cell G23 and insert the NOW function. Select cell G23 and click the Number group launcher [ Home tab]. On the Number tab, select the Date category. Scroll the Type list to find the date that displays the month spelled out, the date, a comma, and a four-digit year (Figure 2-101). Figure 2-101 Date format selected Click OK . Press Ctrl+Home . Create and copy a VLOOKUP function to display goals for each funding source. Click .

1. Central Sierra Insurance (CSI) sets bonus percentages based on
commissions earned by each agent and calculates totals by
branch office. This workbook also tracks fundraising efforts of
employees for a community event.
[Student Learning Outcomes 2.1, 2.2, 2.3, 2.5, 2.6, 2.7]
File Needed:
CentralSierra-02.xlsx
(Available from the
Start File
link.)
Completed Project File Name:
[your name]-CentralSierra-02.xlsx
Skills Covered in This Project
Create, copy, and edit formulas.
Name cell ranges.
Set mathematical order of operations.
Set cell references to be absolute.
Use the
NOW
function.
Use

2. HLOOKUP
and
VLOOKUP
Use the
SUMIF
function.
Build an
IF
function.
Open the start file
CentralSierra-02.xlsx
workbook. If the workbook opens in Protected View, click the
Enable Editing button so you can modify it. The file will be
renamed automatically to include your name. Change the project
file name if directed to do so by your instructor, and save it.
Select the
Tables
sheet, select cells
A6:B10
, and create range names using the
Create from Selection
button [
Formulas
tab,
Defined Names
group].
Select cells
B1:F2
and click the

3. Name
box. Name the selection H_Rates. Note that the first row is
arranged in ascending order.
Create an
HLOOKUP
function to display the bonus rate.
Click the
Commissions
sheet tab and select cell
F5
.
Start the
HLOOKUP
function and use cell
E5
as the
lookup_value
.
For the
table_array
argument, use the
H_Rates
range.
Use the second row for the
row_index_num
argument (Figure 2-100).
Figure 2-100
HLOOKUP

4. function to display bonus
Format the results as
Percent Style
with two decimal places.
Copy the formula in cell
F5
to cells
F6:F14
.
Set order of operations to calculate total earnings.
Select cell
G5
.
Build a formula to add the commissions amount (E5) to the
commissions amount times the rate (F5*E5).
Copy the formula in cell
G5
to cells
G6:G14
.
Create and copy a
SUMIF
function to calculate total earnings by branch office.

5. Select cell
E18
.
Start the
SUMIF
function with cells
$D$5:$D$14
as the
Range
argument.
Set the
Criteria
argument as a relative reference to cell
C18
.
Select cells
G5:G14
for the
Sum_range
argument and make the references absolute.
Copy the formula in cell
E18
to cells
E19:E20
without formatting to preserve borders.
Format cells
E18:E21
as
Currency
.

6. Total the earnings in cell
E21
.
Create and format the current date.
Select cell
G23
and insert the
NOW
function.
Select cell
G23
and click the
Number
group launcher [
Home
tab]. On the
Number
tab, select the
Date
category.
Scroll the
Type
list to find the date that displays the month spelled out, the
date, a comma, and a four-digit year (Figure 2-101).
Figure 2-101 Date format selected
Click
OK

7. . Press
Ctrl+Home
.
Create and copy a
VLOOKUP
function to display goals for each funding source.
Click the
Family Day
sheet tab and select cell
F6
.
Start the
VLOOKUP
function and use cell
E6
as the
lookup_value
.
Click the
Tables
sheet tab for the
table_array
argument and use cells
$A$6:$B$10
. The data is sorted by the first column in ascending order.
Use the second column as the
col_index_num
The

8. range_lookup
argument is empty.
Copy the formula in cell
F6
to cells
F7:F20
without formatting to preserve the fill color.
Format cells
F6:F20
as
Currency
with no decimal places.
Create and copy an
IF
function.
Select cell
H6
and start an
IF
Type a
logical_argument
to determine if cell
G6
is greater than or equal to (
>=
) cell
F6
.

9. Type Yes as the
Value_if_true
argument and No as the
Value_if_false
argument.
Copy the formula in cell
H6
to cells
H7:H20
without formatting to maintain the fill color.
Center align cells
H6:H20
.
Press
Ctrl+Home
.
Insert a new sheet at the end of the tab names and paste the
range names starting in cell A1.
AutoFit
columns
A:B
and name the worksheet as Range Names.
Save and close the workbook (Figure 2-102).