Compute overtime pay for an overtime worked employee


Assignment: Info System

Design a payroll worksheet for a small company of hourly based salaried employees (weekly computation). The following information will be given (make up your own information) with the following columns: employee name (first name, last name), employee ID, hours worked, and hourly rate, gross pay, tax rate, tax amount, and net pay. The worksheet should compute gross pay, tax amount (be creative to find or apply a reasonable tax rate for now), and net pay. There should be 9 columns starting with First Name. In addition, the worksheet should compute the total gross pay, average gross pay, min and max gross pay. In addition worksheet should count the number of employees using the count function. There should be at least 10 employees (10 rows). Your information should be on the first row.

Include your name in the worksheet as an employee (first row).

Spreadsheet1: Do requirement first and if you do the extra work, place in separate worksheet.

Spreadsheet2: Compute overtime pay for an overtime worked employee.

Spreadsheet3: As well as the Variable tax rate, if gross rate greater than a $1000, 30%. Greater than $800, 20% anything else 10%.

Spreadsheet4: Apply what if: increasing 5% to the hourly rate and its impact.

Spreadsheet5: Use pivot table and Vlookup

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

Solution Preview :

Prepared by a verified Expert
Operation Management: Compute overtime pay for an overtime worked employee
Reference No:- TGS03021665

Now Priced at $55 (50% Discount)

Recommended (93%)

Rated (4.5/5)