You are employed as a wages clerk by Superfoam Products. The following are the net wages of
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You are employed as a wages clerk by Superfoam Products. The following are the net wages of the employees for the week ending 15 October 20-9: LO2
£
B Gill 274.63 PFarraday 191.17 H Oliver 182.58 RWatt 248.76 T Yeoman 187.80 R Cook 236.95 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 six employees. Your firm does not use notes greater than £20 and each employee must receive the lowest number 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.
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