You track your medical expenses each month. You developed a worksheet that contains dates, descriptions, amount billed, and applicable copayments. Your health insurance provider details the amount not covered and how much was covered by insurance. You want to create formulas, format the worksheet to improve readability, and copy the worksheet to use as a template for the next month.
Start Excel. Download and open the file named Exp22_Excel_Ch01_Cumulative_Medical.xlsx. Grader has automatically added your last name to the beginning of the filename.
You notice that the 3/21/2024 Vision expense on Row 10 is a duplicate of the expense on Row 8. You will delete the duplicate row.
Select and delete row 10 that contains the duplicate 3/21/2024 Vision data.
You want to move the 3/2/2024 Pharmacy expense to be listed in chronological order.
Select and cut row 11 that contains the 3/2/2024 Pharmacy expense and insert cut cells on row 5.
You decide to insert a column for additional data.
Insert a new column A and type Expense # in cell A3.
In the new column, you want to create a coding system consisting of the year, month, and sequential numbering for the expenses.
Type 2024-03-001 in cell A4 and use Auto Fill to complete the expense numbers to the range A5:A11.
After filling in the expense numbers, you will increase the column width to display the data.
Change the width of column A to 12.
The worksheet should have a title above the data.
Type March 2024 Medical Expenses in cell A1 and merge and center the title over the range A1:J1.
The title would look more professional with some formatting.
Apply bold, Green font color, and 14-pt font size to the title in cell A1.
You decide to replace Lab with Laboratory to provide a more descriptive expense name.
Find all occurrences of Lab and replace them with Laboratory.
The worksheet contains spelling errors that need to be identified and corrected.
Check the spelling in the worksheet and correct all spelling errors.
You are ready to enter the first formula to calculate the adjusted rate.
Calculate the Adjusted Bill in cell F4 by subtracting the Amt Not Covered from the Amount Billed. Copy the formula to the range F5:F11.
Next, you will calculate the amount owed.
Calculate the Amount Owed in cell I4 by subtracting the Insurance Paid and Copay from the Adjusted Bill. Copy the formula to the range I5:I11.
Finally, you will calculate the percentage paid of the adjusted bill.
Calculate the % Pd of Adj Bill in cell J4 by adding the Copay and Amount Owed and then dividing that amount by the Adjusted Bill. Copy the formula to the range J5:J11.
The first row of monetary values should be formatted with dollar signs.
Apply Accounting Number Format to the range D4:I4.
For the remaining rows of monetary values, you decide to apply Comma Style.
Apply Comma Style to the range D5:I11.
The percentage paid column needs to be formatted with percent signs.
Apply Percent Style with one decimal place to the range J4:J11.
Formatting the column headings on the third row will provide a professional appearance.
Wrap text, bold, and horizontally center the labels in the range A3:J3.
You want to continue formatting the column headings.
Apply Green fill and apply Thick Bottom Border to the range A3:J3.
You will apply a cell style for the last three columns that represent your costs.
Apply the Good cell style to the range H4:J11.
For the last column, you want to format the percentages below the column heading.
Apply Align Right and indent once the data in the range J4:J11.
Changing the page orientation will enable the data to better fit on a printout.
Select landscape orientation.
Next, you are ready to set the top margin and center data on the page.
Set a 1-inch top margin and center the worksheet horizontally between the left and right margins.
To make the data easier to read, you will increase the scaling.
Set 110% scaling.
Insert a footer with the text Exploring Series on the left side, the sheet name code in the center, and the file name code on the right side of the worksheet.
You will rename the sheet tab and copy the worksheet to start creating a template for the next month.
Rename Sheet1 as March. Copy the worksheet, place the duplicate to the right, and then rename it as April.
You will make some changes on the April worksheet so that it will be ready for data entry.
Change the title to April 2024 Medical Expenses in the April worksheet. Delete data in ranges A4:E11 and G4:H11. The formula results in column J display #DIV/0! because you deleted the data, which generates a divide by zero error. Type 1 in cell D4 and copy the value to the range D5:D11 as placeholder values to avoid displaying the error results
Save and close Exp22_Excel_Ch01_Cumulative_Medical.xlsx. Exit Excel. Submit the file as directed.
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