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Add More Data

What are the hourly wages? Well, there are 50 weeks in a year (after you take away the holidays) and 40 hours in a work week. So, hourly wages can be calculated by dividing the Salary by (50*40)

2. Try it: Add More Data

In Cell C1 type: Hourly Wage

This is a label: Format C1 BOLD.

 

Format the Data: Select Column C.
Format the Cells for Accounting.
(This is money, isn't it?)

Create a Formula: Select Cell C2.

In Cell C2 enter the formula:

=B2/(50*40)

 

AutoFIll the Formula: Select Cell C2 and AutoFill that formula in Cells C3:C4.

Proof Your Work: Select Cell C4.
The formula should be:

=B4/(50*40)

Keep going...

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Exam 77-420 Microsoft Excel 2013
4. Apply Formulas and Functions
4.2 Summarize Data with Functions