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Function: SUM; Formula: Subtract, Multiply; Cell Referencing Some cells are merged. Using Excel to Calculate Payroll Student Work Area PROBLEM Required: Provide input into cells
Function: SUM; Formula: Subtract, Multiply; Cell Referencing | ||||||||
Some cells are merged. | ||||||||
Using Excel to Calculate Payroll | Student Work Area | |||||||
PROBLEM | Required: Provide input into cells shaded in yellow in this template. Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated. | |||||||
Susan Little's is paid time and a half for work over 40 hours per week. Susan's Information for the pay period ending March 16 is provided here. | ||||||||
Regular hours worked each week | 40 | a. | Calculate Susan's gross and net pay for the pay period. | |||||
Hours worked week ending March 16 | 48 | |||||||
Regular hourly wage rate | $ 18.00 | Regular pay | ||||||
CPP deductions | 47.34 | Overtime pay | ||||||
EI deductions | 14.79 | Gross pay | ||||||
Income tax withholdings | 186.00 | |||||||
Net pay | ||||||||
b. | What are Susan's employer's costs for CPP, EI, and income tax? | |||||||
Employer's costs |
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