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I need help with this calculation. Locate the shaded Goal Seek Step 14 area in the worksheet (starting in cell A 33). Read through the

I need help with this calculation.

Locate the shaded Goal Seek Step 14 area in the worksheet (starting in cell A 33). Read through the data in rows 34 and 35 to see that Holly has a salary of $1,234.00, the current Fed Tax % is blank, and there is a formula ( =B35 * C35) in cell D35 to calculate the amount of Fed Tax Holly needs to pay when you set the Tax Rate % in cell C35.

Use the goal seeking process to find what the Fed Tax % would be if Holly had to pay $502.00 in Federal Tax.

Correct any spelling or grammar errors (like capitalization) in the worksheet. (All words in the two title lines are spelled correctly.)

Change the name of the worksheet tab to Supplemental Problem (2 points).

Working with the cells in TOTAL SALES BY DEPARTMENT, place the appropriate type of chart, on its own chart sheet that shows the labels and percentages of each departments total sales compared to the 100% total of all for departments sales. Format your table so that information is logical and appropriately proportioned. Name your Chart tab.

LAZOR LECTRONICS STORE SALES
Payroll Information - Week 7
Department Sales Rep Weekly sales Base Wages Commission Wages Gross Wages Ferderal Tax Net Pay
Stereo Al 900 300
Bill 1200 300
Sam 1100 300
Joe 1400 300
T.V.s Holly 900 300
Sue 2000 300
George 400 300
Mary 1000 300
CamCorders Josie 3000 300
Erika 200 300
Amy 700 300
Amanda 900 300
Compruters Tim 1500 300
JT 2500 300
Bob 975 300
Dave 990 300
Assumptions
Commission Rate = 20% of all weekly sales greater than $1000
Fed Tax Rate= 28%
TOTAL AND AVERAGE SALES BY DEPARTMENT
Department Total Average
Stereo
T.V.s
Camcorder
Computers
Goal Seek Step 14
Sales Rep Salary Fed Tax % Fed Tax Amount
Holly $1,234.00 $ -

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