Question: The accompanying spreadsheet model, which is designed to compute commissions and salaries, contains some errors. a. Use the model auditing tools and techniques to identify
The accompanying spreadsheet model, which is designed to compute commissions and salaries, contains some errors.
a. Use the model auditing tools and techniques to identify the errors. Are the errors due to circular reference, incorrect cell reference, or invalid user inputs?
b. Repair the spreadsheet so that it produces correct outcomes. What is the total salary for Larry Anderson? What is the commission for Sunil Gupta?
| Commision Calculator | |||||||
| Employee ID | First name | Last name | Job classification | Jan Sales | Base Salary | Commission | Total Salary |
| 1001 | Mary | Stevens | Senior Sales Rep | $ 85,000 | $ 3,000.00 | $ 6,800.00 | $ 9,800.00 |
| 1002 | Larry | Anderson | Sen. Sales Rep. | $ 72,000 | $ - | $ - | $ - |
| 1003 | Sunil | Gupta | Junior Rep | $ 35,000 | $ - | $ - | $ - |
| 1004 | Sarah | Ellis | Junior Sales Rep | $ 61,500 | $ - | $ - | $ - |
| 1005 | Timothy | Chau | Trainee | $ 48,000 | $ - | $ - | $ - |
| Base Salary and Commission Rates | |||||||
| Title | Base Salary | Commission Rates | |||||
| Senior Sales Rep | $ 3,000.00 | 8% | |||||
| Junior Sales Rep | $ 2,000.00 | 6% | |||||
| Trainee | $ 2,500.00 | 0% | |||||
Step by Step Solution
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a The errors are due to incorrect cell ... View full answer
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