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  • Chapter Exl 2 Complete

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    Amy Harrington
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    The document provides payroll information for 9 employees of HyperMass Online Storage including their hours worked, pay rates, gross pay, taxes withheld, and net pay along with totals. The employee with the highest gross pay was Xin Yau who earned $1,862.28, while Peter Nichols had the lowest gross pay of $897.75. On average, employees worked 66.46 hours and earned a gross pay of $1,279.52.

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    HyperMass Online Storage for Graduate student

    Original Title

    Chapter Exl 2 Complete

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    The document provides payroll information for 9 employees of HyperMass Online Storage including their hours worked, pay rates, gross pay, taxes withheld, and net pay along with totals. The employee with the highest gross pay was Xin Yau who earned $1,862.28, while Peter Nichols had the lowest gross pay of $897.75. On average, employees worked 66.46 hours and earned a gross pay of $1,279.52.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    44 views3 pages

    Chapter Exl 2 Complete

    Uploaded by

    Amy Harrington
    The document provides payroll information for 9 employees of HyperMass Online Storage including their hours worked, pay rates, gross pay, taxes withheld, and net pay along with totals. The employee with the highest gross pay was Xin Yau who earned $1,862.28, while Peter Nichols had the lowest gross pay of $897.75. On average, employees worked 66.46 hours and earned a gross pay of $1,279.52.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    HyperMass Online Storage

    Salary Report
    Employee
    Carl, Michael
    Green, Sue
    Fekir, Sith
    Lane, Jon
    Nichols, Peter
    Pearson, Ada
    Rodriguez, Juan
    Williams, Sean
    Yau, Xin
    Totals
    Highest
    Lowest
    Average
    Count

    Hours
    Hourly
    Dependents Worked Pay Rate Gross Pay Federal Tax
    3
    60.45
    19.50
    1,178.78
    243.28
    0
    81.50
    22.85
    1,862.28
    409.70
    1
    69.50
    17.36
    1,206.52
    260.08
    2
    65.25
    19.45
    1,269.11
    268.50
    3
    71.25
    12.60
    897.75
    181.45
    3
    44.65
    22.45
    1,002.39
    204.48
    2
    55.50
    20.15
    1,118.33
    235.33
    0
    80.00
    20.85
    1,668.00
    366.96
    4
    70.00
    18.75
    1,312.50
    267.35
    18
    598.10
    11,515.65
    2,437.14
    4
    0
    2
    9

    81.50
    44.65
    66.46
    9

    22.85
    12.60
    19.33
    9

    1,862.28
    897.75
    1,279.52
    9

    Gross Pay = Hours Worked * Hourly Pay Rate


    Federal Tax = 22% * (Gross Pay - Dependents * 24.32)
    State Tax = 4% * Gross Pay
    Tax % = (Federal Tax + State Tax) / Gross Pay
    Net Pay = Gross Pay - (Federal Tax + State Tax)

    409.70
    181.45
    270.79
    9

    ne Storage

    port
    State Tax
    47.15
    74.49
    48.26
    50.76
    35.91
    40.10
    44.73
    66.72
    52.50
    460.63

    Tax %
    24.64%
    26.00%
    25.56%
    25.16%
    24.21%
    24.40%
    25.04%
    26.00%
    24.37%
    25.16%

    Net Pay
    888.34
    1,378.08
    898.18
    949.84
    680.39
    757.82
    838.26
    1,234.32
    992.65
    8,617.89

    74.49
    35.91
    51.18
    9

    26.00%
    24.21%
    25.05%
    9

    1,378.08
    680.39
    957.54
    9

    Hire Date
    4/5/2010
    7/15/2011
    1/13/2009
    3/1/2012
    4/15/2011
    10/31/2008
    7/15/2009
    5/14/2009
    6/17/2002

    1) Excel cannot
    count words
    just number on
    the count
    number tab

    1) The comma: makes it will give


    2 decimals.
    currency accounting $
    2) You mat not SUM all the percen
    will not be correct. So use the tax
    formula gain with the totals resul
    3) Conditional Formatting
    4) In order to see all the formulas
    USE tab and then accent key ( ~`
    5) When needing to get the grid l
    while printing, select page setup
    printing and select gridlines.

    comma: makes it will give you only


    mals.
    y accounting $
    mat not SUM all the percentage.it
    be correct. So use the tax%
    a gain with the totals results.
    ditional Formatting
    der to see all the formulas done,
    b and then accent key ( ~`)
    n needing to get the grid lines
    rinting, select page setup before
    g and select gridlines.

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