Answered step by step
Verified Expert Solution
Question
1 Approved Answer
EA7-E1 Complete a Payroll Register for Ashley's Auto Sales (30 pts) In this exercise, you will complete a payroll register for Ashley's Auto Sales.
EA7-E1 Complete a Payroll Register for Ashley's Auto Sales (30 pts) In this exercise, you will complete a payroll register for Ashley's Auto Sales. You will use the techniques from this chapter to enter earnings, deduction, and net pay data. You will also modify the payroll register to ensure optimal layout and formatting. Open EA7-E1-Payroll. Use an IF function to populate the Overtime Earnings and Total Earnings columns. Ensure that N/A is displayed in the Overtime Earnings column for employees who did not work overtime hours during the period. Populate the FWT and SWT columns using these figures: Employee Name FWT SWT Check Number Stanley, J $24 $16 682 Campbell, Y $18 $12 683 Raimi, A $12 $8 684 Williams, N $33 $22 685 McCann, V $16 $10 686 Create a nested IF function to calculate Social Security tax and a separate formula to calculate Medicare tax for each employee. Use the appropriate LOOKUP function to calculate the charitable contributions and medical plan payment amounts for each employee. Note that the percentages in the range C25:D29 represent the percent of total earnings contributed to the respective voluntary withholdings. Use these in your LOOKUP function. Complete the payroll register by entering the check numbers, creating a formula to calculate each employee's net pay, and creating formulas to total columns where necessary. Adjust the worksheet layout by adding borders around distinct sets of data, adjusting column widths and/or row heights between sets of data, and minimizing blank space between data sets. Last, use appropriate formatting to distinguish the headers in rows 6-8 from the data below and conditional formatting to highlight the two largest Net Pay amounts.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started