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:
| Classification Levels | |
| Level | Hourly pay |
| 1 | 30.00 |
| 2 | 40.00 |
| 3 | 50.00 |
| 4 | 60.00 |
| 5 | 70.00 |
| 6 | 80.00 |
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 answers to this question.
·
- Take care regarding professional presentation of your work at every step. All dollar amounts must be provided in currency format and 2 decimal places.
| 1 | a) Copy Table A into your worksheet. Set up a ‘range’ for the data. Name the range ‘classification level’
b) Copy Table B to the same worksheet. · Add a third column titled ‘hourly pay’. Use the VLOOKUP function to pick up the correct hourly pay rate for each employee from the ‘classification level’ range set up above. · Create a ‘range’ for the data in these 3 columns. Name the range ‘pay rate table’. This range will be used in a question below. (10 marks) |
| 2 | Using Table C data and keeping employee order unchanged, set up a payroll table to calculate e total payroll for each employee. Your main payroll table should have the following headings:
a) Use the IF function and absolute referencing to calculate the Regular Hours column. b) Use a suitable formula to calculate the Overtime hours. c) Use the VLOOKUP function with reference to the range created earlier to determine the Hourly Pay for each employee. d) Use suitable formulae to calculate the Base and Overtime amount for each employee. e) Use a formula to calculate the Total Pay f) Sort the table in order of employee names. All columns must be totalled as required. (30 marks) |
| Employee Name | Total Pay |
Q 2 [20 marks]
Research 1 – 2 commonly used Business Intelligence Tools that help extract intelligence from the business data to support decision-making through modelling and analysis.
