Excel Practical Exam

Team Member 1 Full Name Team Member 2 Full Name

Save your workbook as Last Name, First Initial_Last Name, First Initial Each worksheet assesses specific skills you learned and practiced with the weekly Excel assignments. There is no relationship between worksheets. You do not have to complete the worksheets in order. Each worksheet is worth a different number of points, as detailed below. If you are rushed for time, you might choose to concentrate on a worksheet worth the highest number of points. Possible 25 55 30 40 150 Earned

Formatting CVP Analysis Unit Sales Analysis Gross Profit Calculation Total Points Possible

Formatting Financial Statments

Carnival Cruise Lines (CCL:NYSE) CONSOLIDATED BALANCE SHEETS February 28, 2009 February 29, 2008 (in millions, except par value) ASSETS Current Assets Cash and cash 1178 equivalents 1163 Trade and other 430 recievables, net 280

Inventories

250

263

Prepayed expenses 263 and other 289 Total current assets 2121 1995 Long Term Assets

Instructions: You do not need to create any formulas or check any calculations. (1) Format the abbreviated balance sheet for Carnival Cruise Lines so it looks professional . Consider all the formatting options used in the recitation assignments. (2) All sub-accounts (line items within current assets and long term assets should be indented.) (3) Your name(s) and current date should appear at the right of the page in the header. (4) The worksheet name should appear centered in the footer. (5) Set up printing so that gridlines are not printed, and the balance sheet prints in the center of a single page (you do not need to actually print the page.)

Property and Equipment, 21312 Net 23458

Goodwill 3206 Trademarks 1282 Ohter Assets 428 Total Long Term 28557 Assets Total Assets 28349 3313 1321 465 26228 30552

Spreadsheet Design Analysis of Profitability

Drake's Oil Change, Inc.

$24.00 $9.00 $1,150 250 $1,200 $900

Price of service ($ per car) Costs of oil, filter, and disposal ($ per car) Rent, utilities, depreciation ($ per week) Volume at which at which labor costs increase (cars/week) Minimum labor costs ($ per week) Labor costs for 251-500 cars/week ($ per week)

Volume

Total Variable Revenue Cost (VC)

Total Labor

Total Fixed Cost (FC)

Total Cost

Profit

Background Information: Drake's Oil Change, Inc. is a small but rapidly expanding provider of oil change services for automobiles. Drakes owner has hired you to help determine how profitable her business would be at different service volumes. Her accountant has provided you with the price and cost data shown, and informed you that the parameters (price, cost data, and volume at which labor costs go up) provided are subject to considerable uncertainty. In addition, these values are relatively controllable by management. Instructions: (1) Calculate Drake's weekly revenues, expenses, and profit for service volumes from 0 to 370 in increments of 5 (that is: 0, 5, 10, ..., 370.) (2) Design the worksheet so that if Ms. Drake asks about the effect of changing any of the given parameters, you can respond quickly without changing the structure of the worksheet or the formulas. (3) Design theworksheet to be as user-friendly and easily reviewable as possible. (4) Show losses in red font. (5) Format your results with every other row shaded. (6) AFTER you have completed the steps above, help Ms. Drake with the following issue. Ms. Drake believes a realistic volume is 300 services per week. She wants exactly $3,000 profit. At what amount must she set the service price? Manually type your answer in cell A9. (7) AFTER you have completed the six steps above, implement controls within the worksheet to prevent Ms. Drake or other users from changing formulas or data other than the price and cost parameters.

Pivot Table

Location
Seattle Seattle Seattle Portland Portland Portland San Francisco San Francisco San Francisco Los Angeles Los Angeles Los Angeles San Diego San Diego San Diego

Product
Pumps Valves Sockets Pumps Valves Sockets Pumps Valves Sockets Pumps Valves Sockets Pumps Valves Sockets

UnitsSold
1,200 350 300 400 100 900 300 475 870 250 1,110 654 500 20 238

Q1 Q2 Q3 Q4 Q5

Instructions: In cells F2 to F6, manually type answers to the following questions: (1) How many total units were sold in Los Angeles? (2) How many total sockets were sold? (3) What is the average number of sockets sold (across all locations combined? ) (4) How many sockets were sold by locations beginning with the letter "S"? (5) Which location sold the fewest pumps? You MUST document below how you arrived at each answer. Your method must directly derive the answer without any manual calculation or analysis. Label your documentation with the question number (eg Q1, Q2, etc.)

Pivot Table

?)

must directly umentation

Pivot Table

City
Seattle Seattle Seattle Seattle Portland Portland Portland Portland San Francisco San Francisco San Francisco Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles San Diego San Diego San Diego

State Product
WA WA WA WA OR OR OR OR CA CA CA CA CA CA CA CA CA CA CA Pumps Valves Sockets Copper Pumps Valves PVC Sockets Pumps Valves Sockets Pumps Copper Valves Sockets PVC Pumps Valves Sockets

Units Sold
1,200 350 300 380 400 100 245 900 300 475 870 250 126 1,110 654 448 500 20 238

List Price

Standard Cost

Gross Profit

Instructions: (1) Refer ence the Inventory Master worksheet to update this worksheet with the List Price and Standard Cost for each product. (2) Calculate total gross profit (assumi ng all products are sold at li price and were purchased at standard cost) for each record. (3) Insert a column to the left of Product and title it Product Numb (4) Refer to the Inventory Master worksheet to add product numb to this worksheet. (5) Combine city and state in column B, and format the result as Ci State. (6) Insert a column to the left of Product Number, title it Product Category, and populate it with the category number (3 digits follow the dash in the Product Number.) (7) Total gross profit for each Product Category, and in total (all categories combined.)

Pivot Table

ster worksheet to update this d Standard Cost for each product. ssumi ng all products are sold at list ndard cost) for each record. Product and title it Product Number. r worksheet to add product numbers

umn B, and format the result as City,

Product Number, title it Product he category number (3 digits following ) oduct Category, and in total (all

Product Description Copper Pumps PVC Sockets Valves

Product Number 1548-030 1587-010 1602-030 1649-020 1693-020

List Standard Price Cost Measure $250 $130 Feet $425 $122 Unit $95 $55 Cubic Feet $130 $71 Unit $215 $156 Unit