You are employed as a wages clerk by Adel Secretarial Services. The following are the net wages
Question:
You are employed as a wages clerk by Adel Secretarial Services. The following are the net wages of the employees for the week ending 8 October 20-9: LO2
£
F Gibson 94.11 T Simpson 133.99 M Jackson 87.81 G Smith 91.19 WMellor 124.62 A Fell 111.75 E Jones 103.33 S Moore 98.96 CWood 82.57 VBean 123.49 PWest 131.36 T Camp 74.67 B Dixon 80.80 You are required to:
(a) Prepare a summarised notes and coin analysis. Calculate the number of notes and coins required to make up the wage packets for the employees. An agreement has been reached with the employees, so your firm does not use notes greater than £10 and each employee must have a minimum of five £1 coins in the wage packet. Each employee must receive lowest mimber of notes and coins possible.
(b) Total and verify your analysis to prove your figures and state the amount of the cheque required for the payroll.
Step by Step Answer: