BIS 155 Final Exam Guide (Music on Demand)
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 BIS 155 N Final Exam Guide (Music on Demand).xlsx
Complete the tasks below using Microsoft Excel. You may refer to your notes, the textbook, or other resources such as the Web You may not get interactive help from any other person, either in person or via email, text messaging, instant messaging, or other communications channels. I strongly recommend that you save your work frequently.
You have 4 hours to complete this exam.
Note: Be sure to spell check on every worksheet and correct all spelling errors.
Getting started
Open Excel (either on your desktop or in Citrix)
If you are using Citrix, you need to upload the spreadsheet to your virtual drive before you can open it in Excel
Open the Practical Exam spreadsheet you downloaded from the course Exam page.Save the spreadsheet as LastnameFirstInitial Week8 FinalExam.xlsx. (i.e., if your name were Jane Doe, your file name would be: DoeJ Week8 FinalExam.xlsx)
Questions/Problems
Formatting and charts (TCOs 1, 2, and 3; 30 points) Using the Documentation sheet:
a. Enter your name and today's date.
Using the ‘Quest 1 & 2’ worksheet:
Adjust the widths of the columns so all data is visible.
Center the title "Music on Demand  Sales by Product" across columns AD.
Increase the font size to 16, and change the font color to red.
Bold the column headings "Product", "Unit Price", "Quantity", and "Total Sales".
Add formulas to the Total Sales column to calculate the total sales for each product.
Add a grand total at the bottom of the Total Sales and Quantity columns.
Format grand totals so that they are easily read.
Format the numbers in the Unit Price and Total Sales columns as accounting or currency format with a dollar sign and two decimal places. Format appropriately.
Correct spelling by using the Spell Check feature.
Create a 3D pie chart on a separate sheet (Chart1) that displays the total sales for each product. (Do not include the grand total in the pie chart!)
Move the chart to a new worksheet titled “Chart 1”.
Make the title of the chart "Total Sales by Product".
Place each product name and its percentage of sales at or inside its pie slice, with product names off to the right as well.
Move the Chart1 pie chart worksheet immediately after the Quest 1&2 sheet.
Save your work (CTRL+s).
Formulas, applications and statistical functions (TCOs 2, 3, 6, and 10; 30 points) Using the ‘Quest 1 & 2’ worksheet.
Draw a box around the table at A22B25, with a light shading color for the column labels.
In cell E18, add a formula using a lookup function that will look up the grand total in cell D18 in the table of sales and assessments in A22:B25, and display the corresponding assessment. (For example, if the grand total of $505 is displayed in cell D18, "Good" should be displayed in cell E18.)
In cell E19 add the label Highest Sales. In F19 add the function formula for Maximum based on the Total Sales column.
In cell E20 add the label Lowest Sales. In F20 add the function formula for Minimum based on the Total Sales column.
In cell E21 add the label Average Sales. In F21 add the function formula for Average based on the Total Sales column.
Place a border around the statistics data and widen columns as needed for readability.
Save your work (CTRL+s).
Lists, sorting, charts, and conditional formatting (Excel; TCOs 4 and 6; 40 points) Using the ‘Quest 1 & 2’ Worksheet:
Convert the list of products, unit prices, quantities, and total sales in A3:D17 into a table on the Quest 3 – Lists & Sorting sheet starting in cell A1.
Using the ‘Quest 3 – Lists & Sorting’ worksheet:
Sort the table into descending order (highest to lowest) by Total Sales.
Apply conditional formatting to the Total Sales column so that sales greater than $1,000 are highlighted in green.
Create a pivot table using the table data from Quest 1 & 2 on a new sheet and name it MoD3b. Then move it after ‘Quest 3 Lists & Sorting’. Create a pivot showing the list of products in alphabetical order, showing total sales by product with appropriate currency formatting.
Create, on this same sheet, a line graph using the sales data from the pivot table. Add chart title and labels as appropriate.
Save your work (CTRL+s).
Functions and Financials (TCO’s 2, 6, and 7; 30 points)
Using the Quest 4Financials worksheet:
Complete the Profit and Loss Statement provided by adding formulas (referenced shaded cell locations) and using the product and Total Sales data already included in Quest 1 & 2. Note: Do not just rekey the data, but use references from the original data.
Format the Total Revenue, Expenses, and Net Income in bold, and choose a fill color for the Net Income.
Perform a oneway analysis (i.e., Week5, iLab 6) to see at what sales volume level MP3 player sales add at least $1,000 to net income. Apply conditional formatting to the options that produce at least $1,000 in net income in the above table.
Format all the numeric data and labels on the worksheet using consistent and business like formatting options.
Save your work (CTRL+s).
Continue using the ‘Quest 4 – Financials’ worksheet:
Music on Demand (MoD) wants to apply for a 20year loan and they need to know how much the monthly payment will be with a $10,000 down payment or a $20,000 down payment on a loan of $160,000. The annual interest rate is 3% and payment is assumed to be made at the end of the period.
Complete the chart and calculate the monthly payment, using an Excel function.
Secure/Protect, without a password, the Quest 4Financials worksheet tab.
Save your work (CTRL+s).
Organization, Planning and Consolidation Strategies (TCO’s 5, 7, & 8; 40 Points) Using the ‘Quest 5 – Organizing Data’ worksheet:
Consolidate the information on the Quest 5Organizing Data sheet from the three (3) worksheets (DC Branch, Houston Branch, and LA Branch), using consolidation strategies that include:
Group sheets and use the autofill to complete the list of months in Column A and add totals for rows and columns.
Apply formatting to column headings and merge and center a title across row 1 for each sheet.
Open the blank worksheet, Quest 5Organizing Data, and on the data tab click consolidate.
Choose the sum function to sum the data.
Add each worksheet to the consolidated Summary.
As an alternative to steps 35 above, use 3D referencing to summarize the data.
Add row and column summary totals on the Quest 5Organizing Data Worksheet.
Summarize your results using an appropriate chart type and place it below the summarized data.
Spell check the worksheet.
Save your work (CTRL+s).
Analysis, Summary and Recommendation (TCO’s 8, and 9; 30 Points).
Analyze the results from Quest 5Organizing Data worksheet and create a report/memo with the following:
Identify the top two selling items and the two lowest selling items.
Add a Chart/Table (s) to reflect your results – or use the chart created in step 5
Offer management a recommendation to improve the business based upon your analysis.
List at least two Lessons Learned from your course experience.
Save and close your Excel file.
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Lab 1 of 7: Saddle River Marching Band (50 Points)
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Week 5 Quiz
(TCO 5) When multiple worksheets are selected, the word ________ appears in the title bar. (Points : 2)
(TCO 5) In Excel, which of the following would you perform to group adjacent worksheets? (Points : 2)
(TCO 5) When two windows of the same workbook are opened, E..

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Week 4 Quiz
(TCO 8) Which of the following is one of the most common file types imported into Excel? (Points : 2)
(TCO 8) Which of the following is NOT a text file? (Points : 2)
(TCO 8) Which of the following is NOT a method for refreshing data? (Points : 2..

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Week 3 Quiz
(TCO 4) If there are certain columns of information that are not needed at a particular time but might be needed later,_ the unneeded columns to allow users to focus on only the essential information. (Points:2)
(TCO 4) In Excel, the print area is defined as _____...

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Week 2 Quiz
(TCO 2) An absolute cell reference: (Points : 2)
(TCO 2) Which of the following best describes a circular reference? (Points: 2)
(TCO 2) =$E2G$4 contains examples of _____ cell references. (Points: 2)
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Week 1 Quiz
(TCO 1) Which of the following describes the function of the Formula Bar (as it applies to Excel 2010)? (Points : 2)
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Objective
The general instructions for this project can be found in the Week 6 Lecture material. The Week 6 Lecture describes the assignment and provides an overview of the project as a whole. There are no stepbysteps for the course project. The following are grading criteria for this proje..

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BIS 155 Course Project Excel Project
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gray
yellow
blue
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Question 1. Question : (TCO 4) If there are certain columns of information that are not needed at a particular time but might be needed later, _____ the unneeded columns to allow users to focus on only the essential informati..

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contains both an absolute and a relative cell refere..

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a range of cells containing results based on the output area
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BIS 155 Week 1 DQ Getting Familiar With Excel
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BIS 155 Week 3 DQ Data Analysis Tools
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Are there limitations to the exchange process? Think of some specific examples.
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Excel provides many different ways in which to analyze data. Discuss the different methods by which you can analyze data in your spreadsheet. That is, try an Internet search for "data analysis with excel" or use some of the methods you learned in this week's lesson. P.S. Please don't use the ..

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Discuss and explain at least six different (unique) features of Excel that make it a valuable business tool.
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Complete the tasks below using Microsoft Excel. You may refer to your notes, the textbook, or other resources such as the Web You may not get interactive help from any other person, either in person or via email, text messaging, instant messaging, or other communications channels. I strongly reco..

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Scenario/Summary
Hopefully you will find this week's iLab activity fun and useful. We'll be exploring the world of statistics from a business perspective this week, allowing you to practice your skills with descriptive statistics, formatting, graphs, and regression analysis.
As discussed ..

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Scenario/Summary
The purpose of this exercise is to use the Excel skills you have acquired thus far, and apply them to an analysis of a business scenario, of your choice. This will consist of preparing the groundwork in Excel (importing data, preparing the analysis using tables, charts, graph..

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Senario/Summary
Your friend, Adair Deske, is considering opening a day care center. She has started compiling her assumptions and putting together an Income Statement. She has determined that she must make at least $75,000 profit per year in order to start the business. She has asked you to a..

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The owner of Carina's Pizza, wants to evaluate the profitability of the three restaurants before expanding further. They are particularly interested in the comparative results of three dining categories, dinein, pickup, and delivery. Carina has asked for your help in doing this analysis in retur..

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You work with the Student Education Trust, which allows you to demonstrate your expertise with Excel. The trust is sponsoring an auction, and you have received a list of all donors who have contributed to this auction. The list was pulled from their database as a commaseparated text file. You ha..

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You are an intern with the Regional Realty Association and are analyzing the claim made by Luke Liberty Realty that "we get your price." You have prepared a spreadsheet that shows data relating to 3 months' sales by Luke Liberty Realty. You are going to determine the percent of asking price for e..

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Scenario/Summary
You are an intern at First National Bank working in the loan department, and your boss has asked you to prepare the monthly "New Loan Report" for the Board of Directors. This analysis report will clearly list and summarize all new loans for residential housing in the past mon..

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Scenario/Summary
You are the assistant to the band director for the Upper Saddle River Marching Band, and you must prepare a report showing the status of the marching band fundraising event for presentation to the board of trustees. The report will summarize all sales of all items and include..
