1.(TCO 1) You work for a
local construction firm, “DeVry Engineering Group” and your
supervisor wants to test your knowledge and skills with Microsoft Excel and has
instructed you to develop a spreadsheet to calculate weekly payroll
for â15â employees with the following assumptions:
Note: This is a one part question.
⢠Each employee could have a standard hourly rate between $10.00 and
$30.00 per hour.
⢠Each employee qualifies to earn overtime at a rate of 1.5 of his or her
hourly rate for every hour greater than 40 hours.
⢠Each employee will have a standard 7.65% deduction for social security
⢠Each employee will have a standard 14.00% deduction for Federal Taxes
⢠Each employee will have a standard 5.33% deduction for State Taxes
Explain how you will
structure and format your worksheet, including titles, column headings, and
formulas to calculate payroll variables for each employee to determine
“Net Pay” including and not limited to Total Hours, Gross Pay, Social
Security Tax, Federal Withholding Tax, and Sate Withholding Tax. In
addition, determine how you would extract overtime hours from a calculated
value of “Total Hours” using a conditional formula.
In addition, your supervisor will need this weekly payroll report on a weekly
basis and instructed you to keep the payroll history of all weeks within
“1” workbook but has allowed you to decide if you would rather keep
the payroll running on one worksheet or by assigning a new worksheet for each
week. Using your knowledge learned in this class, descriptively explain
whether you would keep all weekly payrolls in one worksheet or assigned to new
worksheets by week. Defend your reasoning’s on the approach your take
based on what you have learned in this course.
(Points : 40)2.(TCO 3) You currently
work for an automotive parts supply store. Your company is growing and is
considering expansion. The company currently has three locations (North,
South, and Central) in one state. Each parts supply store carries inventory
in four categories. You have been presented with the sales figures for
the last three years for each location and inventory category by store.
Based on this information, you’re tasked with analyzing current sales for each
store by category and overall total sales by store and category.
Note:
This is a four part question.
1.) Explain your
approach to setting up your worksheets and organizing the data.
2.) Explain how you will visually represent the data for the total sales of the
individual inventory categories for each location for the time periods shown.
3.) Explain how you will visually represent the consolidated data for the sales
of all stores and all inventory categories for all time periods in one chart or
graph.
4.) Once you have finished the above tasks, you plan to send the Excel workbook
to your manager for evaluation. Your manger is presenting your findings
to the Board of Directors for justification for additional capital
expenditures. The visually representations need to be concise and clear
by able to support the requested expenditures. Explain how you would use
the integration features of MS Office to incorporate the Excel information into
other presentation media.
(Points : 40)3.(TCO 4) You are given
a spreadsheet with daily sales numbers ordered by date from January 1st to
December 31st. You have been tasked with finding the average sales of each
month, then to reorder the months so they are listed in order from highest to
lowest average sales. Give a step-by-step explanation of how you will
rearrange the data so you can analyze the best and worst months.
Note:
This is a one part question.4.(TCO 5) You’ve just
joined the staff of the XYZ Manufacturing Company (XYZ, for short). XYZ
manufactures only one product, the gizmo. It comes in two sizes, the mini-gizmo
and the magna-gizmo. Both are difficult to manufacture, and consequently, the
company closely monitors rejected units. The company has three locations, each
of which produces both the mini and the magna-gizmos. You are automating the
weekly production reports so that you can easily calculate total production for
the entire company each week.
The mini-gizmo is priced at $3.25 per unit. The magna-gizmo is priced at $7.00
per unit. The unit cost for a reject mini-gizmo is $1.75. The cost for a reject
magna-gizmo is $3.50. Respond fully to the following questions regarding this
task:
Note:
This is a two part question.
1.) The managers will
e-mail their weekly reports to you on Monday of the following week. You will
then produce the summary report. Explain the process for doing this. Give a
sample formula to total the number of mini-gizmos produced by the entire
company in a week.
2.) Each week, you
will present the combined report to your boss, who wants to see both the
summary and the individual sheets for each location. You want to add a header
with the date and your name to each page. What is the easiest way to do this?
Explain the process.
(Points : 40)5.(TCO 9) You have been
tasked with analyzing an extremely large amount of data and to ultimately
produce a report to share with the board of directors. The data is currently in
a text file and has over two thousand records of data. Explain how you
would use Excel to analyze this data and organize it to prepare a written
report. Be very specific on the variety of tools you would use and the steps
you would go through to analyze the data and to ultimately prepare a detailed
report with recommendations.
