Reference no: EM13780650
You must create a workbook with separate sheets for each week that would allow sales managers to compare sales figures and commissions from one week to the next.
Each worksheet should calculate the payroll amount for each of your six employees. If sales are below $1,000, then the commission paid is 5% of the sales. If sales are between $1,000 and $3,999.99, the commission paid is 10% of the sales. If sales are $4,000 or higher, the sales person receives a 12.5% commission rate.
Sales people will be paid either their commission or hourly pay earned amount-whichever is higher. Hourly employees receive 150% of their hourly rate for any hours worked over 40 hours per week (time and a half for overtime worked).
Each worksheet should contain the following headings:
- Employee
- Sales
- Hours Worked
- Hourly Pay
- Commission Earned
- Hourly Pay Earned
- Payroll Amount
To complete this workbook, you must write specific formulas and functions. The Commission Earned, Hourly Pay Earned (for the two hourly employees), and Payroll Amount columns require you to use IF functions. Remember, the payroll amount for salespeople will be either the commission earned or hourly pay earned-whichever is greater. Do not calculate commission earned for hourly employees or overtime for sales employees (this is anyone who has a sales figure in the Sales column).
Remember to format your worksheets, rename and change color on the tabs, and submit your workbook to your instructor using the following naming convention: LastnameFirstnameIP5.xls.
Other Information
Instructor's Comments:
- Workbook must have separate worksheets for each week.
- If sales are below $1,000, commission paid is 5% of the sales. If sales are between $1,000 and $3,999.99, commission paid is 10% of the sales. And if sales are $4,000 or higher, commission rate is 12.5%.
- Sales people will be paid either a commission or a hourly pay earned amount-whichever is higher. And only hourly employees should receive 150% (time and a half) of their hourly rate for hours over 40 worked per week. Don't calculate commission earned for hourly employees or overtime for sales employees.
- Specific formulas and functions are required in completing payroll amounts.
- Commission Earned, Hourly Pay Earned (only calculated for the two hourly employees), and Payroll Amount columns require use of IF function.
- Name workbook with format of xls - this file extension format will be inserted by the application.
|
Analysis of human services of an abuse scenario
: Discuss the distinction between the legal justification for the release of the girl and the ethical problems with such actions. In your discussion, explain how an individual human services provider might come to deal personally with such a conflic..
|
|
What is the probability of call being answered by physician
: A company has started a phone service that uses overseas doctors to provide emergency medical consultations. The responding doctors are based in a country with low wages but with a highly skilled pool of physicians. Responding to each call takes on a..
|
|
Discuss how you plan to apply your new skills and knowledge
: Discuss how you plan to apply your new skills and knowledge to future activities. How will you address any areas of weakness you discovered when taking the exam?
|
|
The molecule below contains both an aldehyde
: The molecule below contains both an aldehyde and a ketone functional group. Select only the carbonyl carbon atom of the aldehyde functional group. Identify the carbon atom by selecting the atom and assigning it a map number of 1. To do this, right-cl..
|
|
Technology management
: You must create a workbook with separate sheets for each week that would allow sales managers to compare sales figures and commissions from one week to the next.
|
|
New component having statistically identical properties
: A component in a system is placed into service, where it operates until its failure, whereupon it is replaced at the end of the period with a new component having statistically identical properties, and the process repeats.
|
|
Assignment on disaster recovery
: The topic of the paper is Disaster Recovery. The outline of the paper is the skeleton of your paper. It should include all areas you plan to discuss in your paper. It should include
|
|
Social psychology-all-male robotics club
: John is an artistic, intelligent boy who is not interested in sports or other "typical" male pursuits. He enjoys writing fiction and poetry for the school newspaper. When he gets on the school bus no one will share a seat with him. He ends up stan..
|
|
Implement fingerprint technology in banks
: Implement fingerprint technology in banks to be used instead of ID cards. My job is to: Research the cost of implementing the technology.
|