New Perspectives Excel 2019 | Modules 5-8: SAM Capstone Project 1a NewSight Consulting ANALYZE DATA WITH TABLES AND WHAT-IF TOOLS sam GETTING STARTED Open the file NP_EX19_CS5-8a_FirstLastName_1.xlsx, available for download from the SAM website. Save the file as NP_EX19_CS5-8a_FirstLastName_2.xlsx by changing the "1" to a "2". O If you do not see the .xlsx file extension in the Save As dialog box, do not type it. The program will add the file extension for you automatically. To complete this SAM Project, you will also need to download and save the following data files from the SAM website onto your computer: Support EX19_CS5-8a_2020.xlsx Support_EX19_CS5-8a_Management.docx With the file NP_EX19_CS5-8a_FirstLastName_2.xlsx still open, ensure that your first and last name is displayed in cell B6 of the Documentation sheet. If cell B6 does not display your name, delete the file and download a new copy from the SAM website. This project requires you to use the Solver add-in. If this add-in is not available on the Data tab in the Analyze group (or if the Analyze group is not available), install Solver as follows: O In Excel, click the File tab, and then click the Options button in the left navigation bar. Click the Add-Ins option in the left pane of the Excel Options dialog box. Click the Manage arrow, click the Excel Add-Ins option, and then click the Go button. In the Add-Ins dialog box, click the Solver Add-In check box and then click the OK button. Follow any remaining prompts to install Solver. PROJECT STEPS 1. Benicio Cortez is a financial consultant with NewSight Consulting in Denver, Colorado. He is working with DIG Technology, a company that sells five models of portable speakers to consumers in North America. In an Excel workbook, Benicio is analyzing the performance of each speaker model and projecting sales for a new product. He asks for your help in completing the analysis. Go to the U.S. worksheet. Benicio has received annual sales worksheets from the main offices in the three countries where DIG Technology sells products: the United States, CENGAGE New Perspectives Excel 2019 | Modules 5-8: SAM Capstone Project la Canada, and Mexico. The worksheets for the countries have a similar structure. Complete the worksheets as follows: 2. 3. a. Group the U.S., Canada, and Mexico worksheets. b. C. d. In cell F5, insert a formula using the SUM function that totals the Mini sales amounts for Quarters 1-4 (range B5:E5). Fill the range F6:F7 with the formula in cell F5 to display the totals for the other types of portable speakers. Ungroup the worksheets and then check to confirm that all three worksheets reflect the changes you made in this step. Go to the All Locations worksheet, where Benicio wants to summarize the quarterly and annual totals from the three locations for each type of product. Consolidate the sales data from the three locations as follows: a. In cell B5, enter a formula using the SUM function and 3-D references that totals the Mini sales values (cell B5) in Quarter 1 from the U.S., Canada, and Mexico worksheets. b. C. Fill the range C5:E5 with the formula in cell B5 to total the Mini sales for Quarters 2-4. Fill the range B6:E7 with the formulas in the range B5:E5 to total the sales for the other products in Quarters 1-4. Benicio started to define names for cells and ranges in the All Locations worksheet to make it easy to identify the total sales for each product. He wants you to add a defined name for the Waterproof sales amounts and then find the total annual sales for each product. Create and use defined names as follows: a. b. C. d. Create a defined name for the Waterproof sales amounts (range B7:E7) using Waterproof_Total as the name. In cell F5, enter a formula using the SUM function to display the total of the sales amounts in the Mini_Total range. In cell F6, enter a formula using the SUM function to display the total of the sales amounts in the Voice_Activated_Total range. In cell F7, enter a formula using the SUM function to display the total of the sales amounts in the Waterproof_Total range. CENGAGE New Perspectives Excel 2019 | Modules 5-8: SAM Capstone Project la 4. Benicio wants to compare the sales of each product in 2021 with the sales in 2020. He has the 2020 sales data stored in a separate workbook. Add the 2020 sales data to the All Locations worksheet as follows: a. Open the workbook Support_EX19_CS5-8a_2020.xlsx. b. Return to the All Locations worksheet in the original workbook. C. In cell G5, enter a formula using an external reference to display the total sales of Mini products in 2020 (cell F5). d. In the formula in cell G5, change the absolute reference to a mixed reference, with a relative reference to the row number. 5. e. Fill the range G6:G8 with the formula in cell G5, filling without formatting. Close the workbook Support_EX19_CS5-8a_2020.xlsx. f. In the range B12:E12, Benicio wants to display a rating depending on the total sales for each quarter. He listed the rating criteria in the range A14: F15. For example, if total sales in Quarter 1 are between $5900 and $5999, the Performance rating is Good. Enter the performance ratings as follows: a. In cell B12, start to enter a formula using the HLOOKUP function. b. Use the Total Q1 sales (cell B8) as the value to look up. 6. 7. C. d. e. f. Use the Revenue Amts and Rating information (range $B$14:$F$15) as the table containing the lookup data, using absolute references to specify the range. Specify that row 2 contains the value you want to return, which is the performance rating. Specify an approximate match (TRUE) because the Revenue Amts represent ranges of values. Fill the range C12:E12 with the formula in cell B12 to enter ratings for Quarters 2- 4. In the range 13:L7, Benicio listed information about the managers of the DIG Technology main offices in the U.S., Canada, and Mexico. He needs to add a link to the email address of the U.S. manager. In cell L5, create a link to the tfenton@example.com email address without changing the display text. Benicio also wants to make it easy to access more detailed information about the managers, which he has stored in a Word document. Create a link to a file as follows: a. In cell 19, create a link to the Word document Support_EX19_CS5- 8a_Management.docx. b. Use Management Details as the text to display. C. Use Access manager details as the ScreenTip text. 8. Go to the Current Sales worksheet, which contains a table listing sales data for January, 2022. To make it easy to refer to the data, the table has been renamed "Sales". Benicio wants to use the table data in formulas. In column G, Benicio wants to indicate whether DIG Technology should send the CENGAGE New Perspectives Excel 2019 | Modules 5-8: SAM Capstone Project la 9. customer a promotional offer. Customers are eligible for the offer if they purchased a Mini 2 in the U.S. Provide the promotional offer information for Benicio as follows: a. b. C. d. In cell G5, start to enter a formula using the AND function and structured references. The first condition tests whether the value in the Product column ([@Product]) equals "Mini 2", the product eligible for the promotional offer. The second condition tests whether the value in the Location column ([@Location]) equals "U.S.", the location eligible for the promotional offer. If Excel does not fill the column, fill the range G6:G40 with the formula in cell G5. The Sales table is currently sorted by the values in the Sale ID column, but Benicio wants to sort the table by date, then amount to make it easier to track the data. Apply a custom sort to the Sales table to sort it in ascending order first by the values in the Date column, and then by the values in the Amount column. 10. Benicio wants to make sure that the Sales table does not contain any duplicate records, which would make any sales analysis incorrect. Identify and remove duplicate records in the Sales table as follows: a. In the range A5:A40, create a conditional formatting Highlight Cells Rule that formats Duplicate Values in Light Red Fill with Dark Red Text. b. Delete the second duplicate record from the table. (Hint: Do not delete the row from the worksheet.) 11. Benicio might want to filter the Product Details data in the range I4:M16, so he asks you to format it as a table. Format the range 14: M16 as a table using Light Gray, Table Style Medium 14 to match the Sales table. 12. To make it easier to refer to the data, assign the table name Details to the table in the range 14:M16 to make it easy to refer to the data. (Hint: Rename the table, not the range.) 13. Benicio wants to examine the January, 2022 sales by country and channel. Create a PivotTable based on the Sales table as follows: a. On a new worksheet, insert a PivotTable based on the data in the Sales table, and use January Pivot as the name of the worksheet. b. Display the Channel Type values as column headings. C. Display the Location values as row headings. d. Sum the Amount values CENGAGE New Perspectives Excel 2019 | Modules 5-8: SAM Capstone Project la 14. Format the PivotTable as follows to make it easier for Benicio and others to interpret: a. Apply the Currency number format with 0 decimal places and the $ symbol to the Sum of Amount values. b. Use Sales (000s) as the custom name of the Sum of Amount field. C. In cell A4, use Country to identify the row headings. d. In cell B3, use Channel to identify the column headings. 15. e. Change the PivotTable style to White, Pivot Style Medium 14 to coordinate with the tables on the Current Sales worksheet. Benicio wants to isolate sales for each product. Insert a slicer as follows to filter the PivotTable: a. Insert a slicer based on the Product field. b. Move and resize the slicer so that it covers the range F3:G12. 16. Benicio also wants to compare the sales data by country in a visual format, and then display data only for the Mini 1, the company's best-selling product. Create a PivotChart as follows: a. b. Insert a Stacked Column PivotChart based on the data in the PivotTable. Move and resize the PivotChart so that it covers the range A10:E25. 17. Format and filter the PivotChart as follows to meet Benicio's requests: a. b. Change the colors of the PivotChart to Monochromatic Palette 6 to coordinate with the PivotTable. Use the slicer to display sales data for only the Mini 1 in the PivotTable and PivotChart. 18. Go to the Sales Projections worksheet, which provides a profit analysis of a new virtual assistant product DIG Technology is planning to develop. Benicio wants to make sure the total expense per unit sold calculation in cell B17 does not produce a divide by zero error. Modify the formula in cell B17 as follows: a. Add the IFERROR function to the formula in cell B17. b. Use "Divide total expenses by units manufactured" as the message to display in case of an error. 19. Benicio has already calculated that the gross profit for the new product could be nearly $295,000 based on a unit price of $159.99 and unit sales of 22,000. He wants to see how the gross profit changes if the price or unit sales are different. Create a two-variable data table as follows to calculate gross profit as the price and unit sales change: a. For the range D4:K9, create a two-variable data table using the price per unit (cell B6) as the Row input cell. b. Use the units sold (cell B5) as the Column input cell. 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