This document provides instructions for completing the BIS 155 Final Exam in Microsoft Excel. It outlines 10 sections to complete, including formatting charts and tables, using formulas and functions, sorting data, creating pivot tables and charts, financial analysis, consolidating data from multiple worksheets, and conducting an analysis to provide a recommendation. The exam is open book and allows referencing notes, textbooks, and online resources, but no outside help. It must be completed individually within 4 hours. Sections are worth between 30-40 points each and cover a range of Excel skills and business concepts.
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BIS 155 Final Exam Guide (Music on Demand) NEW
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
2. 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:
3. 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 A-D.
Increase the font size to 16, and change the font
www.bisl5color
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
4. with a dollar sign and two decimal places. Format
appropriately.
Correct spelling by using the Spell Check feature.
Create a 3-D 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
side its pie
slice, off to the
right aMove 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 A22-B25, with a
light shading color for the column labels.
5. 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
en .coIn 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).
6. 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 great an
highlighted in green.
Create a pivot table using the table data from
Quest 1 & 2 on a new sheet and name it MoD-3b.
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.
7. Save your work (CTRL+s).
Functions and Financials (TCO's 2, 6, and 7;
30
points)Using the Quest 4-Financials worksheet:
Complete the Profit and Loss Statement
provided by adding formulas (referenced
shaded cell locations) and using the product and
Total Salesdata already included in Quest 1 & 2. Note: Do nol
just re-key the data, but use
references
original data.Format the Total Revenue, Expenses, and Net
Income in bold, and choose a fill color for the Net
Income.
Perform a one-way 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.
8. 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 20-
year 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
4-Financials worksheet tab.
Save your work (CTRL+s).
9. 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 5-
Organizing Data sheet from the three (3)
worksheets (DC Branch, Houston Branch, and LA
Branch), using consolidation strategies that
include:
Group sheets and use the auto-fill to complete the
list of months in Column A and add totals for rows
and center a title across row 1 for each sheet.
Open the blank worksheet, Quest 5-Organizing
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 3-5 above, use 3-D
referencing to summarize the data.
Add row and column summary totals on the Quest
5-Organizing Data Worksheet.
10. 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).
Lal
yze the results from Quest 5-
worksheet and create a report/memo with the
following:
in
g
Data
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.
