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Emily Gancy

January February March Totals for 1st Quarter


Auto Loan 346.88 346.88 346.88 1040.64
Car insurance 180.43 180.43 180.43 541.29
Cell phone 80.73 56.78 110.52 248.03
Entertainment 100 100 400 600
Food 150 150 150 450
Housing 425 425 425 1275
Internet 40 40 40 120
Medical 118 118 118 354
Miscellaneous 500 100 100 700
Tuition 2600

Monthly Totals 4541.04 1517.09 1870.83 5328.96

Average Monthly Expenses 2642.987 2905.627 3599.895 5328.96

Directions For Excel Exercise # 1


Step 1 Click on A1 and then click on the text in the Formula bar to type in your name and press Enter.
Step 2 Select A1 to F1, merge these cells together using the Merge and Center button in the Alignment gro
Step 3 With A1 still as the Active Cell, change the font and/or the font size to something bigger.
Increase the "white space" around the title by increasing the height of row 1 a bit by either dragging
Step 4 shown in the tool tip in both POINTS and PIXELS. An alternate method is to right-click on the row 1
shown in POINTS. The exact amount is unimportant.
Step 5 In B2 type January
Step 6 With the Active Cell still B2, drag the Fill Series handle to cells to the right to automatically type Feb
Step 7 Click on F2 to make it the Active Cell. The Home tab should still be visible so in the Alignment group
Also in the Alignment group, click the Bottom Align button in the top row of buttons in the group. (If y
Step 8
which button is which.)
Step 9 Make the same formatting choices for both E2 and A16.
Increase the width of column A enough to see the full expense category labels in A3 to A14 by any
Step 10 column A and B to the right OR right-click on the column A label and choose Column Width OR you
right (or bottom) border.
Step 11 In cell E3 type in the formula: =SUM(B3:D3) and press enter
Step 12 Click on E3 again to make it the Active Cell and then use the Fill Series handle to drag down to E12
Step 13 In B14 type the formula: =SUM(B3:B12) and press enter
Step 14 Click on B14 again to make it the Active Cell and then drag the Fill Series handle to the right to colu
Step 15 In B16 type the formula: =AVERAGE(B14:D14) and press enter
Step 16 In F3 type the formula: =E3/E14 and press enter
Click on F3 again and then in the Number group under the Home tab click on the Percentage butto
Step 17
show numbers to one tenth of a percent.
Step 18 With the Active Cell still F3, drag the Fill Series handle down to row 12.
You know see a series of error messages of #DIV/0 which means division by zero. The problem is t
Step 19
have to tell it to use the same divisor all the time.

Click on F3 again and edit the formula to read: =E3/$E$14 and press enter. The dollar sign is used
Step 20
those cell references in a formula will not change when the Fill Series handle is used or a cell is cop

Step 21 Now, click on F3 again and drag the fill series handle down to row 12.
Step 22 Save this file on your USB drive using the file name of ExcelExercise1_YourName.xls
Step 23 Go into the Excel folder in the Assignment section of Blackboard and turn in this file.
ncy
Percent of Total Monthly Expenses
19.5%
10.2%
4.7%
11.3%
8.4%
23.9%
2.3%
6.6%
13.1%
0.0%

Directions For Excel Exercise # 1


e Formula bar to type in your name and press Enter.
er using the Merge and Center button in the Alignment group under the Home tab.
e font and/or the font size to something bigger.
e by increasing the height of row 1 a bit by either dragging the border between the labels for row 1 and 2. The height will be
PIXELS. An alternate method is to right-click on the row 1 label and choose Row Height. In this case the height will only be
nimportant.

Series handle to cells to the right to automatically type February and March
Home tab should still be visible so in the Alignment group click on the Wrap Text button.
om Align button in the top row of buttons in the group. (If you hover over the buttons the tool tip will pop up and tell you

h E2 and A16.
see the full expense category labels in A3 to A14 by any of these methods: dragging the border between the labels for
on the column A label and choose Column Width OR you can automatically size a column (or row) by double-clicking the

3) and press enter


ell and then use the Fill Series handle to drag down to E12
nd press enter
Cell and then drag the Fill Series handle to the right to column E
:D14) and press enter
s enter
group under the Home tab click on the Percentage button and then the Increase Decimal button so the cell is formatted to

eries handle down to row 12.


of #DIV/0 which means division by zero. The problem is the fill series handle adjusted the divisor down to blank cells so we
he time.

read: =E3/$E$14 and press enter. The dollar sign is used in Excel formulas to refer to ABSOLUTE ADDRESSES meaning
change when the Fill Series handle is used or a cell is copied to another location

ries handle down to row 12.


file name of ExcelExercise1_YourName.xls
t section of Blackboard and turn in this file.

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