Budget Report for Lender and Bidder Law Objectives By the end of this lesson, you will be able to: Apply Theme to a document Copy charts from Excel to Word Create pivot charts Modify pivot charts Create a pivot table Link a Excel chart object to Word Draw callout shapes Format titles Format numbers Modify chart properties Update data in Word from Excel Filter pivot table data Use AutoSum to calculate totals. 1-4 Points You have been asked to create budget report for the Lender and Bidder Law firm. For this project, you will need to complete and analyze a budget spreadsheet, create informational charts, and write a report using the budget and chart data. Steps: 1. Open the Lender & Bidder Law Budget Data File, save it as Lender & Bidder 2015 Budget. Format the values as number, with negative values shown in red with parentheses. Use AutoSum to calculate the yearly item totals, and the totals for Wages and Costs and Total Overhead Expenses. Click cell B28, type =Sum(, press and hold [Ctrl] while selecting cells B7 and B27, press [Enter], format the ranges for Total Wages and Costs, Total Overhead Exp, and Total Wages & Overhead as Accounting. 2. Press and hold [Ctrl] while selecting the ranges: A3:A6 and N3:N6, click the INSERT tab, click D3 Pie chart from Charts group. Type Total Wages and Employee Costs in the title, remove the legend, and add data labels that indicate only the category name, percentage, and leader lines. Change the percentage to 2 decimal places in the Number section. Click the Pie, set the Angle of the first slide to 40 degrees, and the Pie Explosion to 10%.
3. Select the Range A1:N28, click the INSERT tab, click the PivotTable button, and create a pivot table on a new sheet. Arrange the fields as shown in the PivotChart Fields Area to the right, selecting the Item, and each of the months. Use the Column Labels filter to select only the Total Overhead Expenses and the Total Wage and Costs fields as shown below. 4. Create a pivot line chart of the pivot table above. Format the table as shown below.
5. Click the y axis of the chart, click format axis, set the Minimum bounds of the chart to 10000.0, and the Major Units to 10000.0. The chart should resemble the one below. Sometimes, axis units must be adjusted to present information utilizing the maximum amount chart space. Format the legend position to the bottom, and stretch the plot area to span the chart area. 6. Open a blank Word document, save it as Lender & Bidder Law Budget Report, Type Budget Report for Lender & Bidder Law, press [Enter], apply the Title style to the text, click the DESIGN tab, click the Themes button and select the Organic theme, click the Colors button in the Document Formatting group, select the Orange color set, type Prepared by Your Name, then apply the Subtitle style, press [Enter] twice, then type the paragraph as shown in the finished document below. First Paragraph: It appears the firm experienced some cost savings over the year of 2015 due to efforts in staff optimization, including upgrading functions and identifying the right mix of talents. The firm spent nearly 35% percent on staffing overall, with a decline of almost 47% from the beginning of the year to the end. Though the final decline was due to less activity in December. Still, there has been around a 25% reduction in staffing costs over the year. An increase in equipment costs is budgeted at the end of the year, but increases in productivity should offset that cost in the following months.
7. Switch to Excel, click the pie chart, and copy it to the clipboard, switch to the Word document, double-click below the first paragraph, and paste the chart into Word. Center the Chart, then click the CHART TOOLS FORMAT tab, make the size 3 high by 5 wide. Compare your chart to the one shown below. Press [Enter] to create a space below the pie chart, type There was a decline in overhead. Though, there was an increase in the month of September mostly due to the large promotional campaign we initiated before the winter. Press [Enter] twice. 8. Switch to Excel, click the slicer line chart, click the Copy button, switch to the Word document, double-click below the last sentence, click the Paste list arrow, click the Use Destination Theme & Link Data button shown to the right, set the Height of the chart to 3 and the width to 5, switch to Excel, change the Equipment Cost for December to $9200, click the pivot table worksheet, click the line chart, click the PIVOTCHART TOOLS ANALYZE tab, click the Refresh list arrow, click Refresh. Notice the two lines on the line chart meet for the month of December. Switch to the Word document. Because it is linked, the line chart in the budget report should have changed. 9. Click the Insert tab, click Shapes in the Illustrations group, click the Rounded Rectangle Callout shape in the Callouts section, draw a shape above the line char, click the More button in the Shape Styles gallery, click Subtle Effect-Tan, Accent 5, type $3000 Promotional Campaign, then resize and position the callout as shown below. Save and close the document, switch to Excel, save and close the workbook, click No if prompted to save copied objects, then submit both files to your instructor.