Question: For this assignment, I have attached a spreadsheet based upon real data from my business (I have changed any personally identifiable data for our consultants

For this assignment, I have attached a spreadsheet based upon real data from my business (I have changed any personally identifiable data for our consultants and customers). One of the ways we make money is to bill customers for time we spend working on projects they want us to do. We will use this spreadsheet for a few additional exercises and projects in class. This assignment will be much more difficult than the previous ones. The videos will have covered the concepts I am evaluating you on; however, you might need to find additional resources online as well. As most of you realize, if you can't find the answer right in front of you, you simply need to use your resources to find the answer. This is a key skill that I personally value in my employees and when hiring new employees.

Link to Excel file you'll need to complete this assignment:Consulting Hours

For this third Excel assignment, please complete the following:

For the "Billable", "Non-Billable", "PTO", and "Travel" columns in the spreadsheet, put the sum for each individual column below the last row of data.

For the "Billable", "Non-Billable", "PTO", and "Travel" columns in the spreadsheet, put the average for each individual column below the row where you calculated the sum.

Add a new column named "time entry level". In that column, for each time entry create a formula that does the following:

If the billable hours for that individual time entry is greater than 3, set the value of the cell to "High Hours". Otherwise, set the cell equal to "Normal Hours".

Format the date column to show the date AND time.

Sort the spreadsheet alphabetically by "Owner"

Below is the consulting hours;

Date Owner Category Billable Hours Non-Billable Hours Travel Hours PTO Hours Customer Name
12/31/2013 Smith, Kade Office Time 0.00 1.50 0.00 0.00 Company 1
12/31/2013 Smith, Kade Support 0.60 0.00 0.00 0.00 Company 1
12/31/2013 Smith, Kade Support 0.30 0.00 0.00 0.00 Company 1
12/31/2013 Smith, Kade Support 0.20 0.00 0.00 0.00 Company 1
12/31/2013 Smith, Kade Support 0.40 0.00 0.00 0.00 Company 1
12/31/2013 Smith, Kade Report Customization 1.90 0.00 0.00 0.00 Company 1
12/31/2013 Smith, Kade Support 0.00 0.20 0.00 0.00 Company 1
12/31/2013 Smith, Kade Support 2.00 0.00 0.00 0.00 Company 1
12/31/2013 Smith, Kade Support 0.30 0.20 0.00 0.00 Company 1
12/31/2013 Smith, Kade Support 0.40 0.00 0.00 0.00 Company 1
12/31/2013 Anderson, Brant PTO 0.00 0.00 0.00 8.00 Company 1
12/31/2013 Johnson, Andrea Form Customization 7.70 0.00 0.00 0.00 Company 1
12/31/2013 Johnson, Andrea Testing 0.00 0.50 0.00 0.00 Company 1
12/31/2013 Stewart, Travis Subject Matter Expert Consulting 1.10 0.00 0.00 0.00 Company 1
12/31/2013 Stewart, Travis Subject Matter Expert Consulting 1.00 0.00 0.00 0.00 Company 1
12/31/2013 Stewart, Travis Support 1.90 0.00 0.00 0.00 Company 1
12/31/2013 Stewart, Travis Team Meeting 0.00 1.00 0.00 0.00 Company 1
12/31/2013 Stewart, Travis Office Time 0.00 2.00 0.00 0.00 Company 1
12/30/2013 Smith, Kade Office Time 0.00 0.80 0.00 0.00 Company 1

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!