29 Jun Question Consider the following scenario:
Question
Consider the following scenario:
As supervisor for a retail company, you supervise six people in your location. You are responsible for their payroll and commissions each week. This task would normally take a couple of hours on paper, but you now have the expertise needed to automate the process by using formulas and functions in an Excel spreadsheet.
Use the data provided to create a worksheet described below:
Week 1 Sales/Hours
Employees
Sales
Hours worked and Hourly pay
Employee
Fred
$ 5,500
30
$ 10
Harold
$ 4,000
25
$ 10
Jim
$ 6,000
40
$ 10
John
$ 0 (hourly position)
40
$ 15
Maddie
$ 0 (hourly position)
45
$ 12.50
Sally
$ 2,070
35
$ 10
Week 2 Sales/Hours
Fred
$ 0
0
$ 10
Harold
$ 5,050
25
$ 10
Jim
$ 2,450
40
$ 10
John
$ (hourly position)
50
$ 15
Maddie
$ 0 (hourly position)
40
$ 13.00
Sally
$ 4,675
45
$ 10
Week 3 Sales/
Fred
$ 2,950
30
$ 10
Harold
$ 4,850
25
$ 10
Jim
$ 3,900
40
$ 10
John
$ 0 (hourly position)
40
$ 15
Maddie
$ 0 (hourly position)
40
$ 14
Sally
$ 4,300
40
$ 10
Week 4 Sales/Hours
Fred
$ 675
30
$ 10
Harold
$ 3,000
10
$ 10
Jim
$ 0
0
$ 10
John
$ 0 (hourly position)
40
$ 15
Maddie
$ 0 (hourly position)
50
$ 15
Sally
$ 5,500
45
$ 10
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:
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