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1 Start Excel. Download and open the file named Student_MOS19_XL_PROJ4_Functions.xlsx. Save the file as Last_First_MOS19_XL_PROJ4_Functions.
2 On the Equipment worksheet, use a function in cell F4 to enter Order if the Quantity in Stock is less than 15, otherwise, No Order will be entered. AutoFill the function down to F62.
3 Enter a formula in G4 using cell references to calculate the Inventory Cost for each item. Copy the formula down to G62.
4 In cell I4, use a function to extract the last three characters from data in the Item column. Place this function within the formula to ensure the first letter will be capitalized. Copy the function down to I62.
5 In cell J4. use a function to extract the first two characters from data in the Type column. Place this function within the formula to ensure the result will be lowercase. Copy the function down to J62.
6 In cell K4, use a function to extract two characters from the middle of the data beginning with the second character in the Category column. Place this function within the formula to ensure the result will be uppercase letters. Copy the function down to K62.
7 In cell H4. use a function to join the text from I4, J4, K4, and C4. Copy the function down to H62. AutoFit the column.
8 In cell G63, use a function to enter the Total Inventory Cost. AutoFit the column.
9 In cell C64, use a function to enter the Highest Item Cost using the named range Cost_Each. In cell C65, use a function to enter the Lowest Item Cost using the named range Cost_Each.
10 In cell G66, use a function to enter the Average Inventory Cost.
11 In cell D63, use a function to enter the number of different items in Column D using the named range Type.
12 In cell G67, use a function to total the Inventory Costs of items to be ordered, using the argument Order.
13 In cell F68, use a function to enter the number of items to be ordered, using the argument Order.
14 In cell G69, use a function to enter the Average Cost for No Order items, using the argument No Order.
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