You are auditing payroll for the Sinker Technologies company for the year ended October 31, 2019. Included next are amounts from the clients 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 additionat information.) Read the regulicements (Note 1: When computing the expected value of factory houtly payroll, you must take into oonsideration both the 3% wage increase and the 7% increase in the numbec 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: to view the additional information.) ents. Data table "Sales nave increased 12% over prior year. 5% percent of that is due to an increase in the average selling price. The remaining 7% is attributed to an increase in the number of units sold. payroll for the Sinker Technologies company for the year ended October 31, 2019. Included nex ited information for the prior year. in to view the amounts from the trial balance.) in to view the additional information.) More info 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 Sinker's products. The increase in sales was due to both an increase in the average selling price of 5 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 3 percent salary increase starting November 1,2018. 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. Sinker does not permit overtime. 5. Commission salespeople receive a 6 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. ayroll for the Sinker Technologies company for the year ended October 31, 2019. Included nex ed information for the prior year. to view the amounts from the trial balance.) 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 hundredth percent, X.XX%.)