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Software ==>	Excel (113 exercises)
Topic ==>	Range names (6 exercises)
Level ==>	Average difficulty
Subject ==>	Excel training

Calculate part time pay rates using range names in Excel

This exercise is provided to allow potential course delegates to choose the correct Wise Owl Microsoft training course, and may not be reproduced in whole or in part in any format without the prior written consent of Wise Owl.

Before you can do this exercise, you'll need to download and unzip this file .

Open the file contained within the folder name shown above.

We want to create range names for all the rates in cells B19:B21.

Create a range name for cells B19, B20 and B21 - don't forget there is a menu/quick key to do this in one step!

In cell E4, create a formula to calculate the pay using your range name for the pay rate. Use this to help you:

Pay = Hours Worked * (range name for) Hourly Pay Rate

Copy the formula down the column to calculate the other staff members' pay.

In cell F4, create a formula to calculate the National Insurance using your range name for the National Insurance rate. Use this to help you:

Nat Ins = Pay * (range name for) Nat Ins Rate

Copy the formula down the column to calculate the other staff members' National Insurance.

In cell G4, create a formula to calculate the tax using your range name for the tax rate. Use this to help you:

Tax = Pay * (range name for) Tax Rate

Copy the formula down the column to calculate the other staff members' tax.

Change the values of the hourly pay rate, National Insurance rate and tax rate to the values shown below:

When you change the rates, the answers should change.

Use Save As... to save the file in your own new Excel work folder.

You can unzip this file to see the answers to this exercise, although please remember this is for your personal use only.

You can find other training resources for the subject of this exercise here:

Training courses in Microsoft Excel

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Calculate part time pay rates using range names in Excel

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