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)
