Devry BIS155 final exam Spring 2014

Question
1.1.(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 “15” 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 the approach
you take based on what you have learned in this course.

(Points : 40)

Question
2.2.(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 visual representations need to be concise
and clearly 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)

Question
3.3.(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.

(Points : 40)

Question
4.4.(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)

Question 5.5.(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.

Note: This is a one part question. (Points : 40)