Quest Specialty Travel Week 24

Trip Advisor Division Payroll Calculator Overtime Rate: 150.0%

Name Hours O/T Hrs Hrly Rate Reg Pay O/T Pay Gross Pay
Brueghel, Pieter 40 4 $ 18.25 $ -
Cortona, Livia 35 0 $ 10.00 $ -
Klimt, Gustave 40 2 $ 12.50 $ -
kline, Adam $ 14.00
Le Pen, Jean-Marie 29 0 $ 15.00 $ -
Martinez, Juan 37 0 $ 12.50 $ -
Mioshi, Keiko 40 0 $ 25.25 $ -
Sherwood, Burton 39 0 $ 16.00 $ -
Strano, Riccardo 40 8 $ 15.00 $ -
Wadsworth, Alicia 40 5 $ 12.50 $ -
Yamamoto, Johji 38 0 $ 15.00 $ -

TOTAL

INSTRUCTIONS
CREATE A COPY OF THIS FILE AND CHANGE THE NAME TO: (Last name- name) Excel 1
a. Calculate regular pay
b. Calculate Overtime pay
c. Calculate Gross Pay
d. Calculate total
e. Explain who is working the most in the row M 35
f. Explain who is working less hours vs hourly rate in the row M 36

TOTAL POINTS 30
Ribbon
Tabs

Entering numbers and percentages

Entering formulas: directly, fx, Formulas tab, Autosum,
Formatting
Workbooks and worksheets

Advantages of adding range vs adding individual cells

Copy and paste

Common Errors

Inserting and deleting rows and columns

Column width

Absolute and relative reference

Active cell
Apply Your Knowledge: calculate total cash received, total cash Paid Out, Cash Position (End of the month)

Trip Advisor Cash Flow Statement January

Cash on Hand (beginning of month) $ 18,456

CASH RECEIVED
Cash Sales $ 23,894
Credit Sales Accounts $ 36,421
TOTAL CASH RECEIVED

CASH PAID OUT

Inventory $ 15,340
Payroll expenses $ 17,560
Supplies (office & oper.) $ 4,500
Repairs & maintenance $ 3,500
Advertising $ 2,890
Car, delivery & travel $ 1,500
Accounting & legal $ 750
Rent $ 4,000
Telephone $ 120
Utilities $ 430
Insurance $ 1,020
Taxes (real estate, etc.) $ 600
Miscellaneous $ 350
TOTAL CASH PAID OUT

CASH POSITION (END OF MONTH)

a.Format cell E2 as currency $18.52
b. Change the column width of column H the text in G2 fits in one cell on one line.
c. Calculate Extended Price, Sales Tax and Total Price
d. Calcuate the totals on line 19

Inventory Items Tax Rate: 8.50%

Item Sale Price Quantity Extended Price Sales Tax (Extended Total Price
Rubber Mallet $ 11.32 32 (Price times price
$ times tax rate)
- $ (Extended price-
Hex Set $ 18.00 19 quantity) $ - $ plus sales tax)-
Wire Cutter $ 12.50 23 $ - $ -
Ratchet Set $ 15.50 30 $ - $ -
Mag Nut Driver $ 14.98 9 $ - $ -
Cordless Drill $ 179.00 10 $ - $ -
Tool Bag $ 29.98 12 $ - $ -
Tool Holster $ 14.98 18 $ - $ -
Safety Goggles $ 19.97 13 $ - $ -
Glass Cutter $ 2.98 17 $ - $ -
Total 183.00 $ - $ -
Widen this column to fix the entire text on one line.

Correct
$ values
362.24 $ 30.79 $ 393.03
$ 342.00 $ 29.07 $ 371.07
$ 287.50 $ 24.44 $ 311.94
$ 465.00 $ 39.53 $ 504.53
$ 134.82 $ 11.46 $ 146.28
$ 1,790.00 $ 152.15 $ 1,942.15
$ 359.76 $ 30.58 $ 390.34
$ 269.64 $ 22.92 $ 292.56
$ 259.61 $ 22.07 $ 281.68
$ 50.66 $ 4.31 $ 54.97
183 $ 4,321.23 $ 367.30 $ 4,688.53