this is all of the info provided. please provide steps so I know how to do it. thank you!

You are auditing payroll for the Reel In Technologies company for the year ended October 31, 2016. Included next are amounts from the client's trial balance, along with comparative audited information for the e (Click the icon to view the amounts from the trial balance.) (Click the icon to view the additional information.) Requirements a. Use the final balances for the prior year and the information in items 1 through 5 to develop an expected value for each account, except sales. (Round to the nearest whole dollar.) b. Calculate the difference between your expectation and the client's recorded amount as a percentage using the formula (expected value-recorded amount)/expected value. (Round to the nearest hundredt Requirement a. (A) Preliminary Balance (B) Expected Value 10/31/2016 10/31/2016 650,381 11,100,499 Executive salaries Factory hourly payroll (see Note 1) Factory supervisors' salaries Office salaries 797,096 2,713,957 3.195,884 Sales commissions (see Note 2) Enter any number in the edit fields and then click Check Answer ule nearest whole dolla b. Calculate the difference between your expectation and the client's recorded amount as a percentage using the formula (expected value-recorded amount)/expected value. (Round to the nearest hund (Note 1: When computing the expected value of factory hourly payroll, you must take into consideration both the 5% wage increase and the 14% increase in the number of units produced and sold. Note 2 10/31/2016 preliminary sales balance over the 10/31/2015 audited sales balance to determine the expected value for sales commissions on 10/31/2016.) Requirement a. TA) 781 Audited Balance Preliminary Balance 10/31/2015 10/31/2016 Sales* 54,009,200 $ 63,190,764 Executive salaries 492,811 650,381 Factory hourly payroll 10,399,587 11,100,499 Factory supervisors' salaries 797,096 797,096 Office salaries 2,503,982 2,713,957 Sales commissions -2,950,799 3,195,884 *Sales have increased 17% over prior year. 3% percent of that is due to an increase in the average selling price. The remaining 14% is attributed to an increase in the number of units sold Print Done More Info ed You have obtained the following information to help you perform preliminary analytical procedures for the payroll account balances. 1. There has been a significant increase in the demand for Reel In's products. The increase in sales was due to both an increase in the average selling price of three percent and an increase in units sold that resulted from the increased demand and an increased marketing effort. 2. Even though sales volume increased there was no addition of executives, factory supervisors, or office personnel. 3. All employees including executives, but excluding commission salespeople, received a five percent salary increase starting November 1, 2015. Commission salespeople receive their increased compensation through the increase in sales, 4. The increased number of factory hourly employees was accomplished by recalling employees that had been laid off. They receive the same wage rate as existing employees. Reel In does not permit overtime 5. Commission salespeople receive a seven percent commission on all sales on which a commission is given. Approximately 70 percent of sales earn sales commission. The other 30 percent are "call-ins," for which no commission is given. Commissions are paid in the month following the month they are earned. 381 499 7.096 Answe Print Done