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QUESTION 1 (55 marks) The following employees work for Super Contracts Ltd, a public company specialising in contract labour force for different IT projects. The employees are paid an hourly rate, based on their Job Classification level. If an employee works more than 37 hours, they will be paid the overtime rate for the additional hours. The following table summarises the classifications and level of pay per classification: TABLE A: The overtime hourly rate is $ 90 per hour for ALL employees, regardless of their classification level. Simple Contracts Ltd has the following employees:
TABLE B: Employee name Classification Level Paris Holton 5 Ricky Mortini 4 Jennifer Leepoz 6 Selina Geemak 2 Willard Smith 1 Russell Creak 6 Rafael Nooderly 4 Novak Djoker 1 Lara Bangle 3 Kath Hudson 6
The hours worked for the week ended 30th June, 2017 are as follows: TABLE C: Employee name Hours worked Novak Djoker 37 Willard Smith 39 Lara Bangle 40 Kath Hudson 52 Selina Geemak 30 Paris Holton 45 Russell Creak 34 Jennifer Leepoz 36 Ricky Mortini 52 Rafael Nooderly 44 REQUIRED: One worksheet must be used to provide answer
Answer:
Employee name Total pay
A SUMIF function can also be used in this case in oder to determine the the sum of the amounts greater than a certain value. In this case, SUMIF function is applied to find out the sum of overtime pay which is greater than the amount of 500. with the use of this fiunction, decision regarding the empolyees earning more than 500 overtime pay can be taken.
s to this question. ? No marks will be awarded if the correct function or formula is not used or if data has been manually entered. ? Take care regarding professional presentation of your work at every step. All dollar amounts must be provided in currency format and 2 decimal places. read more
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