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Data Table Audited Preliminary Balance Balance 10/31/2018 10/31/2019 Sales* $ 57,590,900 $ 67,381,353 Executive salaries 592,000 609,312 Factory hourly payroll 10,149,586 12,019,400 Factory supervisors' salaries

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Data Table Audited Preliminary Balance Balance 10/31/2018 10/31/2019 Sales* $ 57,590,900 $ 67,381,353 Executive salaries 592,000 609,312 Factory hourly payroll 10,149,586 12,019,400 Factory supervisors' salaries 809,654 829,583 Office salaries 2,395,865 2,404,933 Sales commissions 2,294,812 2,829,500 *Sales have increased 17% over prior year. 4% percent of that is due to an increase in the average selling price. The remaining 13% is attributed to an increase in the number of units sold. Print Done P7-37 (similar to) Question Help You are auditing payroll for the Vineyard Technologies company for the year ended October 31, 2019. Included next are amounts from the client's trial balance, along with comparative audited information for the prior year. (Click the icon to view the amounts from the trial balance.) (Click the icon to view the additional information.) Read the requirements (Note 1: When computing the expected value of factory hourly payroll, you must take into consideration both the 2% wage increase and the 13% increase in the number of units produced and sold. Note 2: Use the increase in the 10/31/2019 preliminary sales balance over the 10/31/2018 audited sales balance to determine the expected value for sales commissions on 10/31/2019.) Requirement a Requirement b. (1) (2) (2) - (1)/(2) Preliminary Balance Expected Value Difference as a 10/31/2019 10/31/2019 Percentage Executive salaries 609,312 Factory hourly payroll (see Note 1) 12,019,400 Factory supervisors' salaries 829,583 Office salaries 2,404,933 Sales commissions (see Note 2) 2,829,500 Data Table Audited Preliminary Balance Balance 10/31/2018 10/31/2019 Sales* $ 57,590,900 $ 67,381,353 Executive salaries 592,000 609,312 Factory hourly payroll 10,149,586 12,019,400 Factory supervisors' salaries 809,654 829,583 Office salaries 2,395,865 2,404,933 Sales commissions 2,294,812 2,829,500 *Sales have increased 17% over prior year. 4% percent of that is due to an increase in the average selling price. The remaining 13% is attributed to an increase in the number of units sold. Print Done P7-37 (similar to) Question Help You are auditing payroll for the Vineyard Technologies company for the year ended October 31, 2019. Included next are amounts from the client's trial balance, along with comparative audited information for the prior year. (Click the icon to view the amounts from the trial balance.) (Click the icon to view the additional information.) Read the requirements (Note 1: When computing the expected value of factory hourly payroll, you must take into consideration both the 2% wage increase and the 13% increase in the number of units produced and sold. Note 2: Use the increase in the 10/31/2019 preliminary sales balance over the 10/31/2018 audited sales balance to determine the expected value for sales commissions on 10/31/2019.) Requirement a Requirement b. (1) (2) (2) - (1)/(2) Preliminary Balance Expected Value Difference as a 10/31/2019 10/31/2019 Percentage Executive salaries 609,312 Factory hourly payroll (see Note 1) 12,019,400 Factory supervisors' salaries 829,583 Office salaries 2,404,933 Sales commissions (see Note 2) 2,829,500

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