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Default labels in formulas

In going through an Excel course I'm asked to use column labels in a formula.
I've enabled labels in formulas in the options page. I first set the cells up
with the normal cell designations for the formula, eg., A1*D1, and all was
well. When I changed the formula, per lesson instructions, to the column
labels,=(qty)*(price), the resultant was an astronomicaly large negative
number. The initial numbers were 20 and 4.85 and the subject cell is in the
same row. I tried setting up a dummy worksheet using different numbers and
labels and the same procedure and it worked. Any ideas as to what I may be
doing wrong?
 
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