Excel assigning values to lists

5 pts.
Tags:
Excel 2007
values
I have to assign dollar values to each of these job functions. All the values are $100.00 for each function except for Administrative which is 0. The functions are: Administrative, Draft, Revise, Review, Research, Conference, Telephone Conference. I have put them in a drop down menu. How do I assign values to these words?

Software/Hardware used:
Excel 2007

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