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Question 1:

DVD Kiosk is a retail DVD shop. The owner would like to set up an online order form, to allow customers to select the movie they would like and which night of the week they would prefer.

The categories are as follows:

New Releases:

These titles consist of: Paddington, Interstellar, Night at The Museum 3

Weekly Hire:

These titles consist of: Fast and Furious 6, Cinderella, Into The Storm

Required:

Set up a drop down list for each category of DVD listed above and a drop down list to select the day of the week for hire.

Your column headings for your drop down lists should be:

New Releases Hire Day Weekly DVDs Hire Day

Ensure your drop down list shows each movie with a different corresponding hire day.

Question 2:

Pizza-to-go is a frozen pizza making business specialising in large pizzas for shops and cafes.

The following table shows the expected number of pizzas to be sold between April and June 2015:

Month

Ham & Pineapple

Supreme

Tandoori Chicken

April

2500

1500

3000

May

5500

2500

6000

June

3500

1800

2600

The cost to produce each pizza is as follows:

Ham & Pineapple $4.70

Supreme $3.50

Tandoori Chicken $7.20

The selling price is determined by applying a mark-up percentage on cost as follows:

Ham & Pineapple pizza is marked up by 80%

Supreme pizza is marked up by 120%

Tandoori Chicken pizza is marked up by 75%

Required:

1. Using the data above, prepare a Revenue table for pizza, for each month.

2. Using the data above, prepare a Profit Summary per month, for each pizza type.

Question 3

Caitlin's Fruit Online is an online fruit delivery service. The manager would like you to set up a LOOKUP table to summarise his monthly sales by category.

The category limits are as follows:

Required: Using VLOOK up function, set up a LOOKUP table to classify the above sales by category as listed in the above table. Your table should be sorted in alphabetical order.

Question 4

The following employees work for Softdrinks Galore Ltd, a public company specialising in production of softdrinks and flavoured water. The employees are paid an hourly rate, based on their Job Classification level. If an employee works more than 40 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

lfl LO

$        30.00

$        40.00

$        50.00

$        75.00

$        80.00

$        90.00

The overtime hourly rate is $100 per hour for ALL employees, regardless of their classification level.

Softdrinks Galore 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

2

Rafael Nooderly

4

Novak Djoker

1

Lara Bangle

3

Kath Hudson

6

The hours worked for the week ended 30th July, 2014 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

45

Jennifer Leepoz

48

Ricky Mortini

52

Rafael Nooderly

44

Required:

1. Copy Table A into your worksheet. Set up a ‘range' for the data. Name the range ‘classification level'

2. Copy Table B to the same worksheet.

a. Add a third column titled ‘hourly pay'.

b. Use the VLOOKUP function to pick up the correct hourly pay rate for each employee from the ‘classification level' range set up in part 1 above.

c. Create a ‘range' for the data in these 3 columns. Name the range ‘pay rate table'. This range will be used in Question 6 below.

3. Using Table C data and keeping employee order unchanged, set up a payroll table to calculate the total payroll for each employee.

Your main payroll table should have the following headings:

4. Use the IF function to calculate the Regular Hours column.

5. Use a formula to calculate the Overtime hours.

6. Use the VLOOKUP function with reference to the range created in Question 3 part (c) to determine the Hourly Pay for each employee.

7. Use a formula to calculate the Base Amount for each employee.

8. Use the IF function to calculate the overtime amount per employee.

9. Use a formula to calculate the Total Pay.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91261338
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