Preparing a Budget (Part 2) Planning a Trip for Spring Break
Set up the Sheet 2
Open your Budget file that you created in the Budget Lesson Part 1.

Click on the Sheet 2 tab at the bottom of the page.

To set up the page, click File, Page Setup and portrait (if not already selected)

Click OK

Merge cells A1 and B1 and centre the information

Type the title, Trip Expenses in the cells that you just merged (cell A1) and tap Enter

Bold and underline this title

Naming the Worksheet Tabs (page 135)

Rename Sheet 1 to Budget (if you didn’t already do this in the previous lesson)

Rename Sheet 2 to Trip

Add Color to the Worksheet Tabs 

Right click on the Budget Tab and click on tab color.Choose the color you want and click on it. Follow the same procedure for the Trip tab (this feature may not be available for earlier versions of Excel)

Set up the Rows and Columns for Item Description and Amounts

Click A2and type Expenses – tap Enter

Click B2 and type Spring Break Budget – tap Enter

Centre align the titles in Cells A2 and B2.Bold the titles in both of these cells.

Resizing row height

Resize the row height to 22 for rows 2 to 15

Format Cells for Amounts

Format the cell range B2:B15 to reflect the “currency” style with 2 decimal places

Right justify the values in the cell range B2:B15

Formatting Items Column

Left justify the values in the cell range A2:A15

Adjusting automatic curser movement ((Page 127)

Click in Cell A3

Click Tools and then Click Options

Click on the Edit Tab

Near the middle left you will see a box beside “move selection after enter”

If there is not a check mark in this box, click on it to show the check mark

Click on the down arrow beside it and click on “down” (if necessary)

Click OK

Enter Trip Expenditure Item Names 

Click in Cell A4 and type Airfare (round trip) – tap enter

In Cell A5, type Hotel – tap enter

In Cell A6 type Ground Transportation (buses and taxis) - tap enter

In Cell A7 type Car or Scooter rental– tap enter

In Cell A8 type Medical Insurance – tap enter

In Cell A9 type Food – tap enter

In Cell A10 type Sports (snorkel, scuba, golf, parasailing, etc.)– tap enter

In Cell A11 type Tours (tour guides, museums, etc)

In Cell A12 type Entertainment (clubs, dancing, etc) – tap enter

In Cell A13 type Souvenirs

IN Cell A14 type Miscellaneous

In Cell A15 Type TOTAL – tap enter

Adjust the width of column A so that all text values in this column are completely visible.

Enter Amount Items 

In Column B - Enter the amounts listed below:

Cell B4:399

Cell B5:140

Cell B6:87

Cell B7:122

Cell B8:35

Cell B9:220

Cell B10:140

Cell B11:0

Cell B12:200

Cell B13:50

Cell B14:76 (Underline the value in this cell)

Create Total of Expenses Using AutoSum (page 157)

Click in Cell B15 and sum the values of Column B

Put a double underline for the value in this cell

Create a Pie Chart

Using the data that you have just compiled, create a pie chart to show the expenses and associated values that you have just entered (you do NOT want to include the TOTAL value in your chart)

Give your chart an appropriate title

You may move the Legend if you choose

In your pie chart, show either the value or the percent amount for each section of the pie (you don’t need to select any option that will show the labels because you have the legend which shows the labels for each section)

Place the chart in the same worksheet (ie. your chart should appear in the Trip sheet, not a new worksheet)

Move the Charts to Sheet 3

Rename Sheet 3 to “Charts” and give it a colour 

Copy the bar chart from the Budget sheet (that you created in the last lesson) and the pie chart from the Trip sheet that you just created and paste them into the Charts sheet.If necessary arrange the charts so that both charts are completely visible and beside each other or above/below each other.

In the Chart sheet, you will add a comment regarding how long it will take you to save for the trip and calculate it.

Add Comment

Right Click in a blank area of the toolbar at the top of the Window

Click on Drawing

This will bring up the Drawing toolbar at the bottom of your screen (which is the condensed version of the PowerPoint toolbar)

From this toolbar click on the square icon to draw a square

As your cursor moves up into the worksheet, you will see that your cursor has changed to a cross

This is telling you that when you click, hold and drag the mouse button you will be drawing a square

When you get the size you want, release the mouse (remember, you can resize the shape at any time by clicking on it)

Right click on the square and click on Add Text

Final Numbers – Conclusion about Your Trip

Add the following text in the box you created (see example below)

Note:X = the number of months that it will take to save for the trip (you will change this value later to the actual # of months once you’ve calculated it in the steps below).

Play with the colours, weight and line style of the box.

Computing the Figures (dividing formula)

To compute this figure (how many months to save for the trip)

Continue in the Chart sheet and click in cell L22 (this is where the answer will appear)

Enter a formula that will divide (divide symbol is the / on the number pad) the TOTAL Expenses amount shown in the Trip sheet by the Savings amount in the Budget sheet.

Your answer appears in Cell L22

Take this number, round it up and put the rounded number in the text box you created earlier (replace the “X” that entered earlier)

Congratulations! You just finished budget lesson 1 and 2.

Before saving your work, Spell check each worksheet (Tap F7 or Click Tools,Spelling)

Save your file as Budget Lesson 1 & 2

Submit your Budget Lesson 1 & 2 file to the Digital Dropbox on Blackboard.

Addenda

You found out today that your Dad will chip in $200 for your Airfare, you have decided that there is a tour that you really want to take that costs $60, and you now have a roommate to share Hotel costs, which means your Hotel costs are cut in half. 

Go to your Trip worksheet and adjust these amounts accordingly beside the appropriate items and then Click on your Charts tab to see how the number of months has changed for you to save up for the trip.

Change the number in your text box to show the number of months you have to save now that your figures have changed. 

Learning Outcomes for Project 2 Part 2: 

How to name worksheet tabs (page 135)

How to add colour to the tabs (page 135)

How to create a pie chart (page 163)

How to choose the location of the chart (page 166)

How to copy and paste charts (page 116)

How to turn on the Drawing toolbar (pages 10 and 11)