Question: Can somebody please help me with this homework problem? I am unsure about how the calculations should be done. Thank you so much! Last Years

Can somebody please help me with this homework problem? I am unsure about how the calculations should be done. Thank you so much!
Last Years Actual Current Year End Projected 11 20 Superior 9 Above Average 16 Averag 40 Below Average 15 Poor 20 Total Number of Employees Proposed Pay Raise Per Employee $ 2,100.00 $ 1,750.00 $ 1,350.00 $ 1,000.00 $ 750.00 40 14 Suppose Acme Industries has implemented a new strategy to improve performance yet reduce costs. 15 5000 A. Based on last year's performance distribution: 1) how many employees received Superior ratings 2) how many employees received Above Average 3) how many employees received Average 4) how many employees received below average 5) how many employees received Poor ratings %6 0.09 0.16 0.4 0.15 0.2 96 B. Based on Current Year's performance distribution: 1) how many employees received Superior ratings 2) how many employees received Above Average 3) how many employees received Average 4) how many employees received below average 5) how many employees received Poor ratings 0.11 0.2 0.4 0.14 0.15 Hint, should total 5000 C. Based on the projected performance distribution, and proposed pay increase per employee: 1) How much is the total proposed pay raise for employees rated Superior 2) How much is the total proposed pay raise for employees rated Above Average 3) How much is the total proposed pay raise for employees rated Average 4) How much is the total proposed pay raise for employees rated Below Average 5) How much is the total proposed pay raise for employees rated Poor D. Based on the projected performance distribution, and the proposed pay increases per employee, how much could the company save if it does not give pay increases to employees rated poor or below averageStep by Step Solution
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