I.

Pesko Clubcard Vouchers - Range Names

1. Open the file contained within Activity #11 (Pesko Clubcard Vouchers - Range
Names).

We want to create a range name for cell F3.

2. Create a range name for cell F3 so that you can use it later in a formula to
calculate the club card vouchers earned.
3. Now create a formula in cell C4 to calculate the club card vouchers earned.  Use
this to help you:

Club Card Vouchers Earned = Amount * Vouchers per £1

Don't forget to use your new range name for the vouchers per £1 figure.

Change the number in F3 to 0.25 (only 4 vouchers per £1 now), as shown below:
When you change the number in cell F3, the answers in column C should change.

4. Use Save As... to save the file in your own new Excel work folder.

II. Muffin Man

1. Create range names for the ingredients, sale price and overheads figures (Hint: 
there is a quick menu option that can do all 3 for you).

Remember you can press F3 to see a list of names for your formulae
 2. Create a formula in cell C4 that calculates the Revenue and uses the range
name for the sale price.  Copy this formula down to the cells below.
3. Create a formula in cell D4 that calculates the Costs and uses the range name
for the  Ingredients and Overheads figures and copy this formula down to the
cells below.
4. Create a formula in cell E4 that calculates the Profit and copy this down too.  Use
the following to help you:

Revenue = Sales * Sale Price

Costs = (Ingredients * Sales) + (Overheads * Sales)

Profits = Revenue - Costs

5. Check that the answers change when you change the figures for the Ingredients,
Sale Price and Overheads.
6. Re-save the file with the same name and close it.

III. Pesko Partitime Pay - Range Names

We want to create range names for all the rates in cells B19:B21.

1. Create a range name for cells B19, B20 and B21 - don't forget there is a

menu/quick key to do this in one step!
2. In cell E4, create a formula to calculate the pay using your range name for the
pay rate.  Use this to help you:
Pay = Hours Worked * (range name for) Hourly Pay Rate

3. Copy the formula down the column to calculate the other staff members' pay.
4. In cell F4, create a formula to calculate the National Insurance using your range
name for the National Insurance rate.  Use this to help you:

Nat Ins = Pay * (range name for) Nat Ins Rate

5. Copy the formula down the column to calculate the other staff members' National
Insurance.
6. In cell G4, create a formula to calculate the tax using your range name for the tax
rate.  Use this to help you:

Tax = Pay * (range name for) Tax Rate

7. Copy the formula down the column to calculate the other staff members' tax.
8. Change the values of the hourly pay rate, National Insurance rate and tax rate to
the values shown below:

When you change the rates, the answers should change.

9. Use Save As... to save the file in your own new Excel work folder.