Excel Skills for Business: Essentia

Week 2: Performing Calculations

Practice Challenge 3

Week 2: Learning Objectives

Explain the syntax of basic formulas and functions

Use formulas and functions to perform simple
calculations
Describe the difference between relative and absolute
cell references

Instructions

In this challenge, you are in charge of finalizing the payroll for a business. Follow the instructions closely.
Can you figure out the formulas to complete their quote?
Excel Skills for Business: Essentials
Week 2: Performing Calculations

Practice Challenge 3
 Weekly Payroll

Department: Communications

First Name Last Name Hours Rate Base Salary

Ben Wyman 43 $35.60
Rajesh Singh 35 $32.10
Celeste Barnard 28 $12.50
Yi Chang 15.5 $32.40

Totals

(CELL WILL CHANGE COLOUR IF FORMULA IS CORREC

BASE SALARY GROSS PAY NET PAY

Multiply Hours by Add Base Salary and Subtract Tax fro

Rate Bonus Gross Pay
 Bonus Gross Pay Tax Net Pay
$150.00 $430.87
$150.00 $322.56
$150.00 $89.55
$150.00 $232.45

LA IS CORRECT)

NET PAY TOTALS

Subtract Tax from Add up values in each

Gross Pay column