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Excel: change formulas based on value in drop down list

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I would like to be able to quickly check my paycheck in Excel. I wrote some numbers from my paycheck to rows based on the according month.

Because it is easier to read, I made the calculation not horizontal but vertical, as seen in the picture bellow. The problem is, that it is not easy to quickly link data from the table to the calculation itself.

My table

My idea is, that the calculation would change based on the month I would like to calculate, which would be selected in some form of drop down list. Is it possible to tell Excel - when I select the month in this drop down list, change the formula in this column based on the row, where that month is?


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