{"id":202980,"date":"2018-09-13T23:16:44","date_gmt":"2018-09-13T23:16:44","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/13\/bis-155-final-exam-guide-cool-clocks-inc\/"},"modified":"2018-10-24T08:47:13","modified_gmt":"2018-10-24T08:47:13","slug":"bis-155-final-exam-guide-cool-clocks-inc","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/bis-155-final-exam-guide-cool-clocks-inc\/","title":{"rendered":"BIS 155 Final Exam Guide (Cool Clocks, Inc.)"},"content":{"rendered":"<p>BIS155 Practical Final Exam Instructions 1 for Cool Clocks, Inc. (v2)\tComplete the tasks below using Microsoft Excel.\u00a0\u00a0 You may refer to your notes, the textbook, or other resources (for example, you may search the Web for information).\u00a0 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.\t\u00a0\t\u00a0\t1. \ufffd Formatting and charts (TCOs 1 &#038; 3; 40 points)\ta. \ufffd\u00a0 Enter your name and today&#8217;s date on the Documentation sheet\tb. \ufffd Select the Q1&#038;Q2 sheet, and adjust the widths of the columns as needed\tc. \ufffd\u00a0 Center the title &#8220;Cool Clock, Inc. Sales by Product&#8221; across columns A-D, increase the font size to 20, and change the font color to red.\td. \ufffd Bold the column headings &#8220;Product&#8221;, &#8220;Unit Price&#8221;, &#8220;Quantity&#8221; and &#8220;Total Sales&#8221;.\te. \ufffd\u00a0 Add formulas to the Total Sales column to calculate the total sales for each product.\tf. \ufffd\u00a0 Add a grand total at the bottom of the Total Sales column, in cell D8.\tg. \ufffd Format the numbers in the Unit Price and Total Sales columns as accounting or currency format with a dollar sign and two decimal places.\th. \ufffd Create a 3-D pie chart on a separate sheet that displays the percentage of total sales for each product &#038; the product name. (Do not include the grand total in the pie chart!).\ti. \ufffd\u00a0\u00a0 Make the title of the chart &#038; the worksheet tab &#8220;Total Sales by Product&#8221;.\tj. \ufffd\u00a0\u00a0 Place each product percentage of sales inside its pie slice.\tk. \ufffd Place a legend for all products on the right side of the chart.\tl. \ufffd\u00a0\u00a0 Move the sheet named &#8220;Total Sales by Product&#8221;\ufffd with the pie chart immediately after the Q1&#038;Q2 sheet.\tm.\u00a0\u00a0\u00a0 Save your work (CTRL+s) &#8211; (but leave it open to continue).\t\u00a0\t2. \ufffd Formulas and applications (TCOs 2 &#038; 7; 40 points).\t\t\tOn the Q1&#038;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, &#8220;Good&#8221; should be displayed in cell E8.)\t\t\tIn 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.\t\t\tIn 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.\t\t\tIn 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.\t\t\tFormat 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.\t\t\tAdd comments to cells F9, F10, and F11. In your comments, explain briefly in your own words what is displayed in each cell.\t\t\tAdd gridlines and cell formatting and color formatting to cells A10:B13.\t\t\tAdd a top and double bottom border to cell D8.\t\t\tProtect the worksheet so the contents cannot be accidentally changed by a user. Do not use a password.\t\t\tSave your work (CTRL+s) &#8211; (but leave it open to continue).\t\u00a0\t3. \ufffd Data cleansing, lists, sorting, conditional formatting, and pivot tables (TCOs 4 &#038; 8; 40 points).\t\t\tOn the Q3 sheet, adjust the widths of the columns as needed.\t\t\tColumn C contains each customer&#8217;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&#8217; 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.\u00a0\t\t\tConvert the list of orders (A1 &#8220;\ufffd J21) into an Excel table.\t\t\tSort the table into descending order (highest to lowest) by Order Amount.\t\t\tApply conditional formatting to the Order Amount column so that order amounts greater than $100 are highlighted in green.\t\t\tConvert the table back into a range.\t\t\tCreate 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.\t\t\tPlace this sheet immediately after the Q3 sheet, labeled Q3-Pivot.\t\t\tFormat the cells in the Pivot table using all borders with accounting or currency format with 2 decimal places. Add gridlines to the Pivot table.\u00a0\t\t\tSave your work (CTRL+s) &#8211; (but leave it open to continue).\t\u00a0\t4. \ufffd Data consolidation, analysis, and reporting (TCOs 5 &#038; 9; 40 points)\ta. \ufffd\u00a0 Group the four sheets Q4 East, Q4 Central, Q4 West, and Q4 Summary.\tb. \ufffd 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.\tc. \ufffd\u00a0 Ungroup the sheets (very important!).\td. \ufffd 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).\te. \ufffd\u00a0 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.\tf. \ufffd\u00a0 Add a trend line to the chart to show how sales of alarm clocks are changing over time.\tg. \ufffd 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 categories; and recommend at least one specific action that Cool Clocks should take regarding the alarm clocks product line.\t\t\tSave your work (CTRL+s) &#8211; (but leave it open to continue).\t\u00a0\t5. \ufffd What-if analysis (TCO 6; 40 points)\ta. \ufffd\u00a0 On the Q5 sheet, please format the Title row at the top of the worksheet stating &#8220;Detailed Sales What-if Analysis&#8221;\ufffd.\u00a0 Make sure it is centered across columns A &#8220;\ufffd G and has a heading format.\tb. \ufffd 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.\tc. \ufffd\u00a0 Adjust column widths as needed and format all values except unit sales as currency with no decimal places.\td. \ufffd Complete the one-variable data table under the heading &#8220;Effect of Varying Unit Sales on Total Sales, Total Cost, and Net Income&#8221;\ufffd to calculate the total sales, total cost and net income for projected sales of 80, 90, 100, 110, and 120 units.\te. \ufffd\u00a0 Complete the two-variable data table under the heading &#8220;Effect on Net Income of Varying Unit Sales and Unit Price&#8221;\ufffd 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.\tf. \ufffd\u00a0 Format cells A3 &#8220;\ufffd B8 with a thick box border.\tg. \ufffd Format the one-variable data table with themed cell style.\u00a0 Make sure the Initial values, Total Sales, Total Cost and Net Income have an accent color.\u00a0\th. \ufffd 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.\u00a0\ti. \ufffd\u00a0\u00a0 Add conditional formatting to the one-variable data table. Format the top 10% with green fill.\u00a0 Format the bottom 10% with red fill.\u00a0\t\t\tSave your work (CTRL+s) and close.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BIS155 Practical Final Exam Instructions 1 for Cool Clocks, Inc. (v2) Complete the tasks below using Microsoft Excel.\u00a0\u00a0 You may refer to your notes, the textbook, or other resources (for example, you may search the Web for information).\u00a0 You may <a href=\"https:\/\/www.benedictsol.com\/blogs\/bis-155-final-exam-guide-cool-clocks-inc\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-202980","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/202980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=202980"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/202980\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=202980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=202980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=202980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}