Question: Function: SUM; Formula: Subtract, Multiply; Cell Referencing Some cells are merged. Using Excel to Calculate Payroll Student Work Area PROBLEM Required: Provide input into cells
| Function: SUM; Formula: Subtract, Multiply; Cell Referencing | ||||||||
| Some cells are merged. | ||||||||
| Using Excel to Calculate Payroll | Student Work Area | |||||||
| PROBLEM | Required: Provide input into cells shaded in yellow in this template. Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated. | |||||||
| Susan Little's is paid time and a half for work over 40 hours per week. Susan's Information for the pay period ending March 16 is provided here. | ||||||||
| Regular hours worked each week | 40 | a. | Calculate Susan's gross and net pay for the pay period. | |||||
| Hours worked week ending March 16 | 48 | |||||||
| Regular hourly wage rate | $ 18.00 | Regular pay | ||||||
| CPP deductions | 47.34 | Overtime pay | ||||||
| EI deductions | 14.79 | Gross pay | ||||||
| Income tax withholdings | 186.00 | |||||||
| Net pay | ||||||||
| b. | What are Susan's employer's costs for CPP, EI, and income tax? | |||||||
| Employer's costs |
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